210 Fulton Street #2CFarmingdaleNY11735
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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
Investment property for sale in Farmingdale at 210 Fulton Street #2C, Farmingdale, NY, 11735 offers a 10.8% rental yield on a $325,000 purchase with $2,926/mo rent. Total monthly income registers $2,926/mo, and a $1,591/mo payment leaves $755/mo available for distribution. Annual cash flow reaches $9,065/yr on $107,738 to close, and return on cash invested stands at 28.32% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 148.62% and total cumulative return in cash at $160,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,926/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: Ryan Dunne • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #939868