2403 Waverly AveMedfordNY11763
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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 Medford at 2403 Waverly Ave, Medford, NY, 11763 offers a 10.21% rental yield on a $363,208 purchase with $3,090/mo rent. Total monthly income registers $3,090/mo, and a $1,778/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,971/yr on $120,403 to close, and return on cash invested stands at 26.53% in year one. Equity gained on principal adds $2,344/yr while 5% annual appreciation supports $100,348 over five years. Portfolio math shows five-year ROI at 139.01% and total cumulative return in cash at $167,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $1,778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11763, Medford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,015 (100%) |
| Owner Occupied HU | 7,830 (78.2%) |
| Renter Occupied HU | 1,765 (17.6%) |
| Vacant Housing Units | 420 ( 4.2%) |
| Median Home Value | $535,795 |
| Average Home Value | $562,740 |
Housing Distribution
Address Breakdown
Residential
9,227
Single Family
9,227
Multi-Family
0
Businesses
850
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