1301 Race AvenueMedfordNY11763
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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
Investment property for sale in Medford at 1301 Race Avenue, Medford, NY, 11763 earns $591/mo cash flow from $4,898/mo rent with a $3,157/mo payment. Total monthly income totals $4,898/mo, and annual cash flow totals $7,089/yr on $212,205 capital. ROI tracks 23.4% on current figures, and rental yield reads 9.11% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 122.18% and total cumulative return in cash sums $259,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,898/mo property income instead of your personal income.
Single Family
Built in 1965
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11763, Medford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,015 (100%) |
| Owner Occupied HU | 7,830 (78.2%) |
| Renter Occupied HU | 1,765 (17.6%) |
| Vacant Housing Units | 420 ( 4.2%) |
| Median Home Value | $535,795 |
| Average Home Value | $562,740 |
Housing Distribution
Address Breakdown
Residential
9,227
Single Family
9,227
Multi-Family
0
Businesses
850
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