19 Gerard Ave EMalverneNY11565
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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 Malverne at 19 Gerard Ave E, Malverne, NY, 11565 priced at $879,800 pairs $3,473/mo rent with after a $4,306/mo payment. Total monthly income equals $3,473/mo. Return on cash invested is 10.1% in year one, and rental yield stands at 4.74% on a $879,800 basis. Equity gained on principal adds $5,677/yr, and 5% annual appreciation accumulates to $243,073 by year five. Five-year ROI measures 50.88% and total cumulative return in cash reaches $147,270. For financing, Ziffy Mortgage’s DSCR program evaluates $3,473/mo property income against a $4,306/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
6,298 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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