20 Prospect AvenuePort WashingtonNY11050
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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 Port Washington at 20 Prospect Avenue, Port Washington, NY, 11050 generates $14,580/mo in rent and, after a $8,198/mo payment, leaves $3,395/mo in cash flow. Total monthly income is $14,580/mo, and annual cash flow is $40,739/yr on $542,700 invested. Return on cash invested sits at 27.88% in year one, and rental yield is 10.45% on a $1,674,999 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation builds toward $462,771 over five years. Five-year ROI reaches 146.12% and total cumulative return in cash sums $792,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $14,580/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
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Listed by: Tamara Stark • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #908617