2 Lee PlaceOld BethpageNY11804
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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 Bethpage at 2 Lee Place, Old Bethpage, NY, 11804 priced at $1,798,000 pairs $6,240/mo rent with after a $8,800/mo payment. Total monthly income equals $6,240/mo. Return on cash invested is 8.49% in year one, and rental yield stands at 4.16% on a $1,798,000 basis. Equity gained on principal adds $11,602/yr, and 5% annual appreciation accumulates to $496,754 by year five. Five-year ROI measures 42.17% and total cumulative return in cash reaches $245,671. For financing, Ziffy Mortgage’s DSCR program evaluates $6,240/mo property income against a $8,800/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11804, Old Bethpage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,363 (100%) |
| Owner Occupied HU | 1,962 (83.0%) |
| Renter Occupied HU | 171 ( 7.2%) |
| Vacant Housing Units | 230 ( 9.7%) |
| Median Home Value | $867,389 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
160
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Listed by: Xiao Zheng • Jamie Realty Group
Mls Name: OneKey MLS
Mls ID: #946401