217 Holland AveElmontNY11003
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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 Elmont at 217 Holland Ave, Elmont, NY, 11003 offers a 7.85% rental yield on a $505,500 purchase with $3,308/mo rent. 57% in year one. Equity gained on principal adds $3,262/yr while 5% annual appreciation supports $139,660 over five years. Portfolio math shows five-year ROI at 101.67% and total cumulative return in cash at $169,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,308/mo property income against a $2,474/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
3,118 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11003, Elmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,539 (100%) |
| Owner Occupied HU | 9,177 (73.2%) |
| Renter Occupied HU | 2,900 (23.1%) |
| Vacant Housing Units | 462 ( 3.7%) |
| Median Home Value | $617,882 |
| Average Home Value | $634,548 |
Housing Distribution
Address Breakdown
Residential
10,097
Single Family
9,863
Multi-Family
234
Businesses
796
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