137 N 20th StreetWheatley HeightsNY11798
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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 Wheatley Heights at 137 N 20th Street, Wheatley Heights, NY, 11798 uses $58,013 cash to close to unlock $2,651/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $857/mo payment keeps the spread at $221/mo. Purchase price stands at $175,000, and rental yield measures 9.53% with $1,390/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 127.99% and total cumulative return in cash records $74,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11798, Wyandanch, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 3,007 (60.3%) |
| Renter Occupied HU | 1,659 (33.3%) |
| Vacant Housing Units | 323 ( 6.5%) |
| Median Home Value | $557,328 |
| Average Home Value | $573,264 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
3,898
Multi-Family
466
Businesses
309
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Listed by: William A. Phifer • Blackstone Property Inc
Mls Name: OneKey MLS
Mls ID: #917294