2 Langley LaneOld WestburyNY11568
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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 Old Westbury at 2 Langley Lane, Old Westbury, NY, 11568 generates $7,800/mo in rent, after a $9,765/mo payment. Total monthly income is $7,800/mo. Return on cash invested sits at 10.12% in year one, and rental yield is 4.69% on a $1,995,000 entry. Equity gained on principal adds $12,873/yr, while 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 50.89% and total cumulative return in cash sums $328,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11568, Old Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,123 (100%) |
| Owner Occupied HU | 909 (80.9%) |
| Renter Occupied HU | 93 ( 8.3%) |
| Vacant Housing Units | 121 (10.8%) |
| Median Home Value | $1,832,126 |
| Average Home Value | $1,742,819 |
Housing Distribution
Address Breakdown
Residential
1,066
Single Family
1,066
Multi-Family
0
Businesses
117
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Listed by: Nancy Davila Campo • Four Seasons Realty Team
Mls Name: OneKey MLS
Mls ID: #939818