240 N. Cottage StreetValley StreamNY11580
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 240 N. Cottage Street, Valley Stream, NY, 11580 in Valley Stream is straightforward: $779,000 in, $5,479/mo in rent, $277/mo out after debt service. The 8.44% gross yield and 1.56 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $215,223 by year five. With $7,175/yr in principal equity, the total cumulative return is projected at $314,855.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $277 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,479 |
| Total Monthly Debt Service | $4,892 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11580, Valley Stream, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,693 (100%) |
| Owner Occupied HU | 10,777 (78.7%) |
| Renter Occupied HU | 2,417 (17.7%) |
| Vacant Housing Units | 499 ( 3.6%) |
| Median Home Value | $625,530 |
| Average Home Value | $655,213 |
Housing Distribution
Address Breakdown
Residential
12,173
Single Family
11,364
Multi-Family
809
Businesses
943
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
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11580, Valley Stream, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,693 (100%) |
| Owner Occupied HU | 10,777 (78.7%) |
| Renter Occupied HU | 2,417 (17.7%) |
| Vacant Housing Units | 499 ( 3.6%) |
| Median Home Value | $625,530 |
| Average Home Value | $655,213 |
Housing Distribution
Address Breakdown
Residential
12,173
Single Family
11,364
Multi-Family
809
Businesses
943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joosoo Kim SFR SRS MRP CIPS AHWD A • Charles Rutenberg Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #864964
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 03:53:12 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)