236 N Richmond AveMassapequaNY11758
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
Rental property for sale in Massapequa at 236 N Richmond Ave, Massapequa, NY, 11758 priced at $644,200 converts $5,044/mo rent into $742/mo cash flow after a $3,153/mo obligation. Total monthly income equals $5,044/mo, and annual cash flow totals $8,906/yr on $211,942 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.4% against a $644,200 entry. Equity gained on principal adds $4,157/yr, while 5% annual appreciation compiles into $177,981 by year five. Five-year ROI reaches 126.81% and total cumulative return in cash sums $268,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,044/mo property income covering a $3,153/mo payment, not borrower’s personal income.
Single Family
Built in 1958
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A