18 Bagley AveAlbertsonNY11507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Albertson at 18 Bagley Ave, Albertson, NY, 11507 priced at $980,000 converts $4,687/mo rent into after a $4,797/mo obligation. Total monthly income equals $4,687/mo. Return on cash invested prints 13.15% in year one, and rental yield reads 5.74% against a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation compiles into $270,756 by year five. Five-year ROI reaches 67.19% and total cumulative return in cash sums $216,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,687/mo property income covering a $4,797/mo payment, not borrower’s personal income.
Single Family
Built in 1918
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11507, Albertson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,571 (100%) |
| Owner Occupied HU | 2,329 (90.6%) |
| Renter Occupied HU | 158 ( 6.1%) |
| Vacant Housing Units | 84 ( 3.3%) |
| Median Home Value | $872,328 |
| Average Home Value | $944,581 |
Housing Distribution
Address Breakdown
Residential
2,457
Single Family
2,394
Multi-Family
63
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices