214 Downing AvenueSea CliffNY11579
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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 Sea Cliff at 214 Downing Avenue, Sea Cliff, NY, 11579 priced at $1,750,000 pairs $3,570/mo rent with after a $8,565/mo payment. Total monthly income equals $3,570/mo. Return on cash invested is 3.19% in year one, and rental yield stands at 2.45% on a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and 5% annual appreciation accumulates to $483,493 by year five. Five-year ROI measures 13.77% and total cumulative return in cash reaches $78,057. For financing, Ziffy Mortgage’s DSCR program evaluates $3,570/mo property income against a $8,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11579, Sea Cliff, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,494 (71.6%) |
| Renter Occupied HU | 461 (22.1%) |
| Vacant Housing Units | 131 ( 6.3%) |
| Median Home Value | $930,000 |
| Average Home Value | $1,023,419 |
Housing Distribution
Address Breakdown
Residential
1,968
Single Family
1,918
Multi-Family
50
Businesses
237
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