24 Chestnut LaneWoodburyNY11797
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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 Woodbury at 24 Chestnut Lane, Woodbury, NY, 11797 offers a 3.87% rental yield on a $1,488,888 purchase with $4,800/mo rent. 58% in year one. Equity gained on principal adds $9,608/yr while 5% annual appreciation supports $411,352 over five years. Portfolio math shows five-year ROI at 37.27% and total cumulative return in cash at $179,811. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $7,287/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
6.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11797, Woodbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,616 (100%) |
| Owner Occupied HU | 2,722 (75.3%) |
| Renter Occupied HU | 618 (17.1%) |
| Vacant Housing Units | 276 ( 7.6%) |
| Median Home Value | $1,125,139 |
| Average Home Value | $1,210,878 |
Housing Distribution
Address Breakdown
Residential
3,442
Single Family
3,374
Multi-Family
68
Businesses
549
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