1823 Longfellow StBaldwinNY11510
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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 Baldwin at 1823 Longfellow St, Baldwin, NY, 11510 uses $184,240 cash to close to unlock $5,812/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $4,224/mo, and a $2,741/mo payment keeps the spread at $484/mo. Purchase price stands at $560,000, and rental yield measures 9.05% with $4,224/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash records $223,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,224/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 1924
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
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