158 Hoffman AveElmontNY11003
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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 Elmont at 158 Hoffman Ave, Elmont, NY, 11003 listed at $376,000 pairs $4,048/mo rent with a $1,840/mo payment to leave $1,537/mo cash flow. Total monthly income runs $4,048/mo, and annual cash flow reaches $18,450/yr on $124,644 cash to close. Return on cash invested measures 34.71% in year one, and rental yield registers 12.92% at a $376,000 basis. Equity gained on principal adds $2,426/yr, and annual property appreciation at 5% supports $103,882 by year five. Five-year ROI tracks 182.87% and total cumulative return in cash totals $227,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,048/mo property income relative to a $1,840/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11003, Elmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,539 (100%) |
| Owner Occupied HU | 9,177 (73.2%) |
| Renter Occupied HU | 2,900 (23.1%) |
| Vacant Housing Units | 462 ( 3.7%) |
| Median Home Value | $617,882 |
| Average Home Value | $634,548 |
Housing Distribution
Address Breakdown
Residential
10,097
Single Family
9,863
Multi-Family
234
Businesses
796
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