16 Larry RoadSeldenNY11784
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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 Selden at 16 Larry Road, Selden, NY, 11784 priced at $575,000 pairs $3,445/mo rent with after a $2,814/mo payment. Total monthly income equals $3,445/mo. Return on cash invested is 17.56% in year one, and rental yield stands at 7.19% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 90.85% and total cumulative return in cash reaches $171,875. For financing, Ziffy Mortgage’s DSCR program evaluates $3,445/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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