220 Belvedere DriveMassapequa ParkNY11762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Massapequa Park at 220 Belvedere Drive, Massapequa Park, NY, 11762 at $679,000 posts ROI 26.97% with $1,286/mo cash flow from $5,820/mo rent. Total monthly income equals $5,820/mo, and annual cash flow records $15,433/yr on $223,391 to close. Return on cash invested measures 26.97% and rental yield reads 10.29% at the current $679,000. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 by year five. Five-year ROI prints 141.34% and total cumulative return in cash totals $315,731.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
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Listed by: Elpis Hardiman • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #954787