2 Atlas AvenueMalverneNY11565
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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 $3,473/mo, and a $5,849/mo payment. Purchase price stands at $1,195,000, and rental yield measures 3.49% with $3,473/mo rent. Return on cash invested shows 6.4% in year one, and 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 30.96% and total cumulative return in cash records $119,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,473/mo property income covering a $5,849/mo payment rather than investor’s personal income.
Single Family
Built in 1926
8,000 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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