2 Fenwick StreetMasticNY11950
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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 Mastic at 2 Fenwick Street, Mastic, NY, 11950 offers $2,697/mo rent that, after a $1,953/mo payment, leaves $32/mo cash flow. Total monthly income is $2,697/mo, and annual cash flow is $389/yr on $132,269 cash. Return on cash invested measures 20.2% in year one, and rental yield stands at 8.11% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 105.07% and total cumulative return in cash reaches $138,974. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,697/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11950, Mastic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,768 (75.6%) |
| Renter Occupied HU | 990 (19.9%) |
| Vacant Housing Units | 227 ( 4.6%) |
| Median Home Value | $418,746 |
| Average Home Value | $440,624 |
Housing Distribution
Address Breakdown
Residential
4,782
Single Family
4,745
Multi-Family
37
Businesses
202
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