264 Forest AveMassapequaNY11758
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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 Massapequa at 264 Forest Ave, Massapequa, NY, 11758 listed at $819,000 pairs $5,899/mo rent with a $4,009/mo payment to leave $429/mo cash flow. Total monthly income runs $5,899/mo, and annual cash flow reaches $5,153/yr on $269,451 cash to close. Return on cash invested measures 21.97% in year one, and rental yield registers 8.64% at a $819,000 basis. Equity gained on principal adds $5,285/yr, and annual property appreciation at 5% supports $226,275 by year five. Five-year ROI tracks 114.52% and total cumulative return in cash totals $308,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,899/mo property income relative to a $4,009/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Gary Weiner • H P GREENFIELD REAL ESTATE LTD
Mls Name: NY State MLS
Mls ID: #11573570