130 Golf View DriveJerichoNY11753
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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 Jericho at 130 Golf View Drive, Jericho, NY, 11753 priced at $1,315,000 converts $7,829/mo rent into after a $6,436/mo obligation. Total monthly income equals $7,829/mo. Return on cash invested prints 14.47% in year one, and rental yield reads 7.14% against a $1,315,000 entry. Equity gained on principal adds $8,485/yr, while 5% annual appreciation compiles into $363,310 by year five. Five-year ROI reaches 75.39% and total cumulative return in cash sums $321,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,829/mo property income covering a $6,436/mo payment, not borrower’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$1,143 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11753, Jericho, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,474 (100%) |
| Owner Occupied HU | 3,633 (81.2%) |
| Renter Occupied HU | 661 (14.8%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $919,370 |
| Average Home Value | $1,008,323 |
Housing Distribution
Address Breakdown
Residential
4,494
Single Family
3,974
Multi-Family
520
Businesses
832
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Listed by: Judy B. Fruitbine • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #857976
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