24 Cedar RoadWestburyNY11590
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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 $3,926/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 5.24% with $3,926/mo rent. Return on cash invested shows 11.63% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 59.07% and total cumulative return in cash records $174,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,926/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
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