22 Towne StreetAmityvilleNY11701
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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 Amityville at 22 Towne Street, Amityville, NY, 11701 with 5% annual appreciation on a $654,000 basis while $3,408/mo rent supports operations. 71% in year one. Equity gained on principal adds $4,220/yr, and five-year appreciation sums $180,688 alongside rental yield of 6.25%. Five-year ROI measures 75.58% and total cumulative return in cash totals $162,622. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,408/mo property income versus a $3,201/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11701, Amityville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 6,167 (60.2%) |
| Renter Occupied HU | 3,326 (32.5%) |
| Vacant Housing Units | 746 ( 7.3%) |
| Median Home Value | $587,567 |
| Average Home Value | $654,235 |
Housing Distribution
Address Breakdown
Residential
9,287
Single Family
8,008
Multi-Family
1,279
Businesses
868
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Listed by: Cynthia Nakashian • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #919303