182 Park AvenueRooseveltNY11575
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 Roosevelt at 182 Park Avenue, Roosevelt, NY, 11575 offers a 13.26% rental yield on a $380,000 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $1,860/mo payment leaves $1,662/mo available for distribution. Annual cash flow reaches $19,948/yr on $125,970 to close, and return on cash invested stands at 35.74% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 188.43% and total cumulative return in cash at $237,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
4,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11575, Roosevelt, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,503 (100%) |
| Owner Occupied HU | 3,088 (68.6%) |
| Renter Occupied HU | 1,209 (26.8%) |
| Vacant Housing Units | 206 ( 4.6%) |
| Median Home Value | $540,165 |
| Average Home Value | $617,447 |
Housing Distribution
Address Breakdown
Residential
3,891
Single Family
3,832
Multi-Family
59
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices