2469 Cypress AveEast MeadowNY11554
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
Investment Highlights
Investment property for sale in East Meadow at 2469 Cypress Ave, East Meadow, NY, 11554 uses $197,071 cash to close to unlock $30,165/yr annual cash flow and $2,514/mo monthly cash flow. Total monthly income runs $6,514/mo, and a $2,932/mo payment keeps the spread at $2,514/mo. Purchase price stands at $599,000, and rental yield measures 13.05% with $6,514/mo rent. Return on cash invested shows 35.37% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 186.35% and total cumulative return in cash records $367,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,514/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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Listed by: Michael J Carroll • RE/MAX Best
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3561849
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