1768 Commonwealth AveMerrickNY11566
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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
Total monthly income runs $4,877/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 7.8% with $4,877/mo rent. Return on cash invested shows 19.42% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 100.84% and total cumulative return in cash records $248,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,877/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1995
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11566, Merrick, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,079 (100%) |
| Owner Occupied HU | 10,969 (90.8%) |
| Renter Occupied HU | 737 ( 6.1%) |
| Vacant Housing Units | 373 ( 3.1%) |
| Median Home Value | $721,006 |
| Average Home Value | $786,772 |
Housing Distribution
Address Breakdown
Residential
11,756
Single Family
11,711
Multi-Family
45
Businesses
825
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