2114 Prospect AvenueEast MeadowNY11554
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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
Total monthly income runs $3,806/mo, and a $5,335/mo payment. Purchase price stands at $1,090,000, and rental yield measures 4.19% with $3,806/mo rent. Return on cash invested shows 8.57% in year one, and 5% annual appreciation builds toward $301,147 over five years. Five-year ROI reaches 42.6% and total cumulative return in cash records $150,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,806/mo property income covering a $5,335/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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Listed by: Kaiqiao Wang • Prospes Real Estate Corp
Mls Name: OneKey MLS
Mls ID: #942202