26 Carman AvenueCedarhurstNY11516
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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 Cedarhurst at 26 Carman Avenue, Cedarhurst, NY, 11516 with 5% annual appreciation on a $1,499,000 basis while $5,084/mo rent supports operations. 2% in year one. Equity gained on principal adds $9,673/yr, and five-year appreciation sums $414,146 alongside rental yield of 4.07%. Five-year ROI measures 40.6% and total cumulative return in cash totals $197,181. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,084/mo property income versus a $7,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1908
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11516, Cedarhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,763 (63.9%) |
| Renter Occupied HU | 826 (30.0%) |
| Vacant Housing Units | 168 ( 6.1%) |
| Median Home Value | $930,556 |
| Average Home Value | $983,076 |
Housing Distribution
Address Breakdown
Residential
2,469
Single Family
1,887
Multi-Family
582
Businesses
747
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Listed by: Pinchus Heskiel • Pin It Realty LLC
Mls Name: OneKey MLS
Mls ID: #940715