272 Cedarhurst Avenue UNIT A3CedarhurstNY11516
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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 272 Cedarhurst Avenue UNIT A3, Cedarhurst, NY, 11516 listed at $299,000 pairs $2,922/mo rent with a $1,463/mo payment to leave $309/mo cash flow. Total monthly income runs $2,922/mo, and annual cash flow reaches $3,705/yr on $99,119 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 11.73% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 126.23% and total cumulative return in cash totals $125,122. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,922/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
$617 monthly 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: Sandra Valdebenito • EXP Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3589055
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