1804 Shipley Avenue #2Valley 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
Rental property for sale in Valley Stream at 1804 Shipley Avenue #2, Valley Stream, NY, 11580 generates $1,976/mo in rent and, after a $1,444/mo payment, leaves $6/mo in cash flow. Total monthly income is $1,976/mo, and annual cash flow is $71/yr on $97,793 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 8.04% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash sums $101,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No 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: Vincent Forlenza • Century 21 AA Realty
Mls Name: OneKey MLS
Mls ID: #911325