126 Alder DriveKings ParkNY11754
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kings Park at 126 Alder Drive, Kings Park, NY, 11754 priced at $609,000 converts $2,280/mo rent into after a $2,981/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 9.36% in year one, and rental yield reads 4.49% against a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation compiles into $168,255 by year five. Five-year ROI reaches 46.86% and total cumulative return in cash sums $93,893. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $2,981/mo payment, not borrower’s personal income.
Single Family
Built in 1936
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11754, Kings Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 5,545 (79.2%) |
| Renter Occupied HU | 1,165 (16.6%) |
| Vacant Housing Units | 288 ( 4.1%) |
| Median Home Value | $628,928 |
| Average Home Value | $657,053 |
Housing Distribution
Address Breakdown
Residential
6,601
Single Family
6,103
Multi-Family
498
Businesses
459
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Listed by: Angie Coleman • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #903274