21 Macarthur Avenue, Plainview, NY, 11803 | 6.98% Rental Yield

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21 Macarthur Avenue, Plainview, NY, 11803 | 6.98% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Plainview at 21 Macarthur Avenue, Plainview, NY, 11803 offers a 6.98% rental yield on a $949,000 purchase with $5,520/mo rent. 92% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 87.41% and total cumulative return in cash at $272,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,520/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

7,245 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this meticulously maintained 3-bedroom, 2-bath split offering the perfect blend of comfort and style. The kitchen features an island with seating, dual sinks, granite countertops, stainless steel appliances, an electric oven, and a gas cooktop, ideal for cooking and entertaining. Just off the kitchen, the spacious family room boasts cathedral ceilings and a gas fireplace, creating a warm and inviting space for gatherings. Additional features include hardwood floors and recessed lighting throughout, a laundry room conveniently located on the main level, an extended finished basement with 9-foot ceilings, two egress windows, and three versatile finished rooms that can be used as an office, gym, or playroom. The home also offers 4-zone Bosch gas heating with on-demand hot water, a water filtration system, updated roof (6 years old), newer siding, and 200-amp electric service. Enjoy your private fenced backyard with a white PVC fence and in-ground sprinklers, a perfect outdoor retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,328 (100%)
Owner Occupied HU	8,949 (86.6%)
Renter Occupied HU	796 ( 7.7%)
Vacant Housing Units	583 ( 5.6%)
Median Home Value	$746,133
Average Home Value	$799,170