2 Addison LaneGreenvaleNY11548
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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
Total monthly income runs $4,456/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 4.46% with $4,456/mo rent. Return on cash invested shows 9.4% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 47.04% and total cumulative return in cash records $182,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,456/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 1918
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11548, Greenvale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 328 (74.5%) |
| Renter Occupied HU | 84 (19.1%) |
| Vacant Housing Units | 28 ( 6.4%) |
| Median Home Value | $960,227 |
| Average Home Value | $1,205,899 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
321
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