26 Forte AvenueOld BethpageNY11804
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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
Rental property for sale in Old Bethpage at 26 Forte Avenue, Old Bethpage, NY, 11804 generates $4,626/mo in rent, after a $5,869/mo payment. Total monthly income is $4,626/mo. Return on cash invested sits at 9.93% in year one, and rental yield is 4.63% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 49.86% and total cumulative return in cash sums $193,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,626/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11804, Old Bethpage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,363 (100%) |
| Owner Occupied HU | 1,962 (83.0%) |
| Renter Occupied HU | 171 ( 7.2%) |
| Vacant Housing Units | 230 ( 9.7%) |
| Median Home Value | $867,389 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
160
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Nearby investment properties with comparable prices
Listed by: Christina Betancourt • Lion Estates LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #858128
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