1534 Lowell AvenueNew Hyde ParkNY11040
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 New Hyde Park at 1534 Lowell Avenue, New Hyde Park, NY, 11040 generates $4,741/mo in rent, after a $6,461/mo payment. Total monthly income is $4,741/mo. Return on cash invested sits at 8.94% in year one, and rental yield is 4.31% on a $1,320,000 entry. Equity gained on principal adds $8,518/yr, while 5% annual appreciation builds toward $364,692 over five years. Five-year ROI reaches 44.57% and total cumulative return in cash sums $190,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,741/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Xinwei Chen • E Realty International Corp
Mls Name: OneKey MLS
Mls ID: #916545