1335 Broadway #21HewlettNY11557
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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 Hewlett at 1335 Broadway #21, Hewlett, NY, 11557 listed at $198,500 pairs $1,535/mo rent with a $972/mo payment to leave $209/mo cash flow. Total monthly income runs $1,535/mo, and annual cash flow reaches $2,508/yr on $65,803 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 9.28% at a $198,500 basis. Equity gained on principal adds $1,281/yr, and annual property appreciation at 5% supports $54,842 by year five. Five-year ROI tracks 124% and total cumulative return in cash totals $81,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,535/mo property income relative to a $972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11557, Hewlett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,959 (100%) |
| Owner Occupied HU | 2,410 (81.4%) |
| Renter Occupied HU | 367 (12.4%) |
| Vacant Housing Units | 182 ( 6.2%) |
| Median Home Value | $846,834 |
| Average Home Value | $963,495 |
Housing Distribution
Address Breakdown
Residential
2,895
Single Family
2,296
Multi-Family
599
Businesses
511
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