1918 Lenox AvenueEast MeadowNY11554
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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 East Meadow at 1918 Lenox Avenue, East Meadow, NY, 11554 earns from $3,740/mo rent with a $5,384/mo payment. Total monthly income totals $3,740/mo. ROI tracks 8.23% on current figures, and rental yield reads 4.08% at a $1,099,999 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,909 over five years. Five-year ROI reaches 40.78% and total cumulative return in cash sums $145,327. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,740/mo property income instead of your personal income.
Single Family
Built in 1962
10,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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Listed by: Isabella Fuduli • Desimone Real Estate
Mls Name: OneKey MLS
Mls ID: #902698