22 Salem LnSeldenNY11784
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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 Selden at 22 Salem Ln, Selden, NY, 11784 uses $141,982 cash to close to unlock $23,798/yr annual cash flow and $1,983/mo monthly cash flow. Total monthly income runs $4,843/mo, and a $2,096/mo payment keeps the spread at $1,983/mo. Purchase price stands at $428,302, and rental yield measures 13.57% with $4,843/mo rent. Return on cash invested shows 36.67% in year one, and 5% annual appreciation builds toward $118,332 over five years. Five-year ROI reaches 193.39% and total cumulative return in cash records $274,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,843/mo property income covering a $2,096/mo payment rather than investor’s personal income.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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