16 Forte Avenue, Old Bethpage, NY, 11804 | 5.02% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,880/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 5.02% with $2,880/mo rent. Return on cash invested shows 10.95% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 55.43% and total cumulative return in cash records $125,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $3,372/mo payment rather than investor’s personal income.

Single Family

Built in 1956

5,952 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11804, Old Bethpage, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,363 (100%)
Owner Occupied HU	1,962 (83.0%)
Renter Occupied HU	171 ( 7.2%)
Vacant Housing Units	230 ( 9.7%)
Median Home Value	$867,389
Average Home Value	$931,435