141 Woodmere Boulevard #6JWoodmereNY11598
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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
Rental property for sale in Woodmere at 141 Woodmere Boulevard #6J, Woodmere, NY, 11598 generates $1,543/mo in rent and, after a $1,126/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,543/mo, and annual cash flow is $82/yr on $76,245 invested. Return on cash invested sits at 20.02% in year one, and rental yield is 8.05% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 104.07% and total cumulative return in cash sums $79,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,543/mo property income rather than buyer’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11598, Woodmere, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,273 (100%) |
| Owner Occupied HU | 3,590 (84.0%) |
| Renter Occupied HU | 474 (11.1%) |
| Vacant Housing Units | 209 ( 4.9%) |
| Median Home Value | $975,543 |
| Average Home Value | $1,120,117 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
3,738
Multi-Family
461
Businesses
333
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