249-02 Weller AvenueRosedaleNY11422
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 Rosedale at 249-02 Weller Avenue, Rosedale, NY, 11422 earns $544/mo cash flow from $8,224/mo rent with a $5,629/mo payment. Total monthly income totals $8,224/mo, and annual cash flow totals $6,530/yr on $372,600 capital. ROI tracks 22.12% on current figures, and rental yield reads 8.58% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash sums $429,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,224/mo property income instead of your personal income.
Multi Family
Built in 1960
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11422, Rosedale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,457 (100%) |
| Owner Occupied HU | 6,214 (59.4%) |
| Renter Occupied HU | 3,646 (34.9%) |
| Vacant Housing Units | 597 ( 5.7%) |
| Median Home Value | $642,266 |
| Average Home Value | $666,686 |
Housing Distribution
Address Breakdown
Residential
7,646
Single Family
7,624
Multi-Family
22
Businesses
411
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Nearby investment properties with comparable prices
Listed by: Devon O Miller • Realty Masters International
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3561370
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