141 Remington AvenueSeldenNY11784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selden at 141 Remington Avenue, Selden, NY, 11784 offers $5,760/mo rent that, after a $3,328/mo payment, leaves $1,219/mo cash flow. Total monthly income is $5,760/mo, and annual cash flow is $14,632/yr on $223,720 cash. Return on cash invested measures 26.6% in year one, and rental yield stands at 10.16% at a $680,000 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,871 by year five. Five-year ROI records 139.35% and total cumulative return in cash reaches $311,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,760/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices