283 Washington AvenueAmityvilleNY11701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Amityville at 283 Washington Avenue, Amityville, NY, 11701 earns $737/mo cash flow from $3,408/mo rent with a $1,958/mo payment. Total monthly income totals $3,408/mo, and annual cash flow totals $8,840/yr on $132,597 capital. ROI tracks 26.58% on current figures, and rental yield reads 10.22% at a $399,990 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,510 over five years. Five-year ROI reaches 139.24% and total cumulative return in cash sums $184,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,408/mo property income instead of your personal income.
Single Family
Built in 1940
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11701, Amityville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 6,167 (60.2%) |
| Renter Occupied HU | 3,326 (32.5%) |
| Vacant Housing Units | 746 ( 7.3%) |
| Median Home Value | $587,567 |
| Average Home Value | $654,235 |
Housing Distribution
Address Breakdown
Residential
9,287
Single Family
8,008
Multi-Family
1,279
Businesses
868
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared M. Garcia • Weichert Realtors Performance
Mls Name: OneKey MLS
Mls ID: #951417