18 Park Drive ESyossetNY11791
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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 Syosset at 18 Park Drive E, Syosset, NY, 11791 offers $4,066/mo rent that, after a $5,824/mo payment. Total monthly income is $4,066/mo. Return on cash invested measures 8.29% in year one, and rental yield stands at 4.1% at a $1,190,000 entry. Equity gained on principal adds $7,679/yr while 5% annual appreciation compounds into $328,775 by year five. Five-year ROI records 41.11% and total cumulative return in cash reaches $158,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,066/mo property income versus a $5,824/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11791, Syosset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,229 (100%) |
| Owner Occupied HU | 7,186 (87.3%) |
| Renter Occupied HU | 649 ( 7.9%) |
| Vacant Housing Units | 394 ( 4.8%) |
| Median Home Value | $913,002 |
| Average Home Value | $1,062,415 |
Housing Distribution
Address Breakdown
Residential
8,117
Single Family
8,022
Multi-Family
95
Businesses
1,080
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