176 N Elm StreetMassapequaNY11758
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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 Massapequa at 176 N Elm Street, Massapequa, NY, 11758 earns $647/mo cash flow from $6,310/mo rent with a $4,151/mo payment. Total monthly income totals $6,310/mo, and annual cash flow totals $7,761/yr on $278,992 capital. ROI tracks 22.84% on current figures, and rental yield reads 8.93% at a $848,000 purchase. Equity gained on principal adds $5,472/yr, and 5% annual appreciation supports $234,287 over five years. Five-year ROI reaches 119.18% and total cumulative return in cash sums $332,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,310/mo property income instead of your personal income.
Single Family
Built in 1958
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Gregg N. Cannizzaro • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #900048