18 Cedar AvenueFarmingdaleNY11735
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
Investment property for sale in Farmingdale at 18 Cedar Avenue, Farmingdale, NY, 11735 at $499,990 posts ROI 26.15% with $861/mo cash flow from $4,200/mo rent. Total monthly income equals $4,200/mo, and annual cash flow records $10,336/yr on $165,747 to close. Return on cash invested measures 26.15% and rental yield reads 10.08% at the current $499,990. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,138 by year five. Five-year ROI prints 136.94% and total cumulative return in cash totals $226,973.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: Lawrence J. Theodore • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #877783