24 Jackson AvenueElmontNY11003
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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 Elmont at 24 Jackson Avenue, Elmont, NY, 11003 at $710,000 posts ROI 21.52% with $285/mo cash flow from $5,026/mo rent. Total monthly income equals $5,026/mo, and annual cash flow records $3,418/yr on $233,590 to close. Return on cash invested measures 21.52% and rental yield reads 8.49% at the current $710,000. Equity gained on principal adds $4,582/yr, and 5% annual appreciation supports $196,160 by year five. Five-year ROI prints 112.1% and total cumulative return in cash totals $261,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,026/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11003, Elmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,539 (100%) |
| Owner Occupied HU | 9,177 (73.2%) |
| Renter Occupied HU | 2,900 (23.1%) |
| Vacant Housing Units | 462 ( 3.7%) |
| Median Home Value | $617,882 |
| Average Home Value | $634,548 |
Housing Distribution
Address Breakdown
Residential
10,097
Single Family
9,863
Multi-Family
234
Businesses
796
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