2696 W Alder RdBellmoreNY11710
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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 Bellmore at 2696 W Alder Rd, Bellmore, NY, 11710 uses $251,488 cash to close to unlock $9,814/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $5,922/mo, and a $3,741/mo payment keeps the spread at $818/mo. Purchase price stands at $764,400, and rental yield measures 9.3% with $5,922/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $211,190 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash records $314,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,922/mo property income covering a $3,741/mo payment rather than investor’s personal income.
Single Family
Built in 1929
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11710, Bellmore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,935 (100%) |
| Owner Occupied HU | 10,258 (85.9%) |
| Renter Occupied HU | 1,331 (11.2%) |
| Vacant Housing Units | 346 ( 2.9%) |
| Median Home Value | $681,688 |
| Average Home Value | $733,626 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,290
Multi-Family
106
Businesses
1,091
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