1804 Shipley Avenue #1Valley StreamNY11580
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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 Valley Stream at 1804 Shipley Avenue #1, Valley Stream, NY, 11580 offers a 10.55% rental yield on a $244,900 purchase with $2,153/mo rent. 41% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 98.77% and total cumulative return in cash at $80,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,153/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1959
N/A lot
$N/A/sqft
$619 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11580, Valley Stream, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,693 (100%) |
| Owner Occupied HU | 10,777 (78.7%) |
| Renter Occupied HU | 2,417 (17.7%) |
| Vacant Housing Units | 499 ( 3.6%) |
| Median Home Value | $625,530 |
| Average Home Value | $655,213 |
Housing Distribution
Address Breakdown
Residential
12,173
Single Family
11,364
Multi-Family
809
Businesses
943
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Listed by: Jose Pastrana • Pastrana Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #814511
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