18 School StreetMalverneNY11565
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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 Malverne at 18 School Street, Malverne, NY, 11565 earns from $3,473/mo rent with a $3,470/mo payment. Total monthly income totals $3,473/mo. ROI tracks 13.57% on current figures, and rental yield reads 5.88% at a $709,000 purchase. Equity gained on principal adds $4,575/yr, and 5% annual appreciation supports $195,884 over five years. Five-year ROI reaches 69.47% and total cumulative return in cash sums $162,045. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,473/mo property income instead of your personal income.
Single Family
Built in 1938
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11565, Malverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,225 (100%) |
| Owner Occupied HU | 2,953 (91.6%) |
| Renter Occupied HU | 172 ( 5.3%) |
| Vacant Housing Units | 100 ( 3.1%) |
| Median Home Value | $650,534 |
| Average Home Value | $680,976 |
Housing Distribution
Address Breakdown
Residential
3,174
Single Family
3,166
Multi-Family
8
Businesses
230
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