190 Merrick Road UNIT 15AmityvilleNY11701
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 Amityville at 190 Merrick Road UNIT 15, Amityville, NY, 11701 at $425,000 posts ROI 37.41% with $2,055/mo cash flow from $5,642/mo rent. Total monthly income equals $5,642/mo, and annual cash flow records $24,661/yr on $140,888 to close. Return on cash invested measures 37.41% and rental yield reads 15.93% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 199.68% and total cumulative return in cash totals $281,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,642/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$749 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11701, Amityville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 6,167 (60.2%) |
| Renter Occupied HU | 3,326 (32.5%) |
| Vacant Housing Units | 746 ( 7.3%) |
| Median Home Value | $587,567 |
| Average Home Value | $654,235 |
Housing Distribution
Address Breakdown
Residential
9,287
Single Family
8,008
Multi-Family
1,279
Businesses
868
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Listed by: Amanda Lowe • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3573616
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