138 Eastgate RoadMassapequa ParkNY11762
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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 Massapequa Park at 138 Eastgate Road, Massapequa Park, NY, 11762 offers a 7.59% rental yield on a $749,880 purchase with $4,740/mo rent. 76% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,178 over five years. Portfolio math shows five-year ROI at 97.29% and total cumulative return in cash at $240,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,740/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,154 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
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Listed by: William J. Sanfilippo • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #922851