16 Nidzyn AvenueRemsenburgNY11960
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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 Remsenburg at 16 Nidzyn Avenue, Remsenburg, NY, 11960 generates $4,500/mo in rent, after a $4,160/mo payment. Total monthly income is $4,500/mo. Return on cash invested sits at 15.01% in year one, and rental yield is 6.35% on a $849,999 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 77.22% and total cumulative return in cash sums $215,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11960, Remsenburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 591 (55.5%) |
| Renter Occupied HU | 118 (11.1%) |
| Vacant Housing Units | 355 (33.4%) |
| Median Home Value | $1,150,240 |
| Average Home Value | $1,238,621 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
45
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Listed by: John Giacobbe • Hampton Estates Realty LLC
Mls Name: OneKey MLS
Mls ID: #901924