276 Cedarhurst Avenue #B2CedarhurstNY11516
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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 276 Cedarhurst Avenue #B2, Cedarhurst, NY, 11516 earns $617/mo cash flow from $2,754/mo rent with a $1,566/mo payment. Total monthly income totals $2,754/mo, and annual cash flow totals $7,408/yr on $106,080 capital. ROI tracks 26.89% on current figures, and rental yield reads 10.33% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 140.94% and total cumulative return in cash sums $149,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.
Condo
Built in 1958
N/A 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: Anthony A. Bott RENE SRS • Worth Property Management Inc
Mls Name: OneKey MLS
Mls ID: #901818