16 18th StJerichoNY11753
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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 Jericho at 16 18th St, Jericho, NY, 11753 offers $8,872/mo rent that, after a $5,425/mo payment, leaves $1,471/mo cash flow. Total monthly income is $8,872/mo, and annual cash flow is $17,646/yr on $359,089 cash. Return on cash invested measures 25.28% in year one, and rental yield stands at 9.61% at a $1,108,300 entry. Equity gained on principal adds $7,152/yr while 5% annual appreciation compounds into $306,203 by year five. Five-year ROI records 132.23% and total cumulative return in cash reaches $474,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,872/mo property income versus a $5,425/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11753, Jericho, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,474 (100%) |
| Owner Occupied HU | 3,633 (81.2%) |
| Renter Occupied HU | 661 (14.8%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $919,370 |
| Average Home Value | $1,008,323 |
Housing Distribution
Address Breakdown
Residential
4,494
Single Family
3,974
Multi-Family
520
Businesses
832
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