23 Clinton LaneJerichoNY11753
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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
Total monthly income runs $4,505/mo, and a $6,167/mo payment. Purchase price stands at $1,260,000, and rental yield measures 4.29% with $4,505/mo rent. Return on cash invested shows 8.88% in year one, and 5% annual appreciation builds toward $348,115 over five years. Five-year ROI reaches 44.25% and total cumulative return in cash records $180,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,505/mo property income covering a $6,167/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11753, Jericho, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,474 (100%) |
| Owner Occupied HU | 3,633 (81.2%) |
| Renter Occupied HU | 661 (14.8%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $919,370 |
| Average Home Value | $1,008,323 |
Housing Distribution
Address Breakdown
Residential
4,494
Single Family
3,974
Multi-Family
520
Businesses
832
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