29 E Jackson AveBabylonNY11702
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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 Babylon at 29 E Jackson Ave, Babylon, NY, 11702 at $733,600 posts ROI 22.84% with $560/mo cash flow from $5,459/mo rent. Total monthly income equals $5,459/mo, and annual cash flow records $6,717/yr on $241,354 to close. Return on cash invested measures 22.84% and rental yield reads 8.93% at the current $733,600. Equity gained on principal adds $4,734/yr, and 5% annual appreciation supports $202,680 by year five. Five-year ROI prints 119.18% and total cumulative return in cash totals $287,657.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,459/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11702, Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,284 (73.0%) |
| Renter Occupied HU | 1,154 (19.7%) |
| Vacant Housing Units | 433 ( 7.4%) |
| Median Home Value | $684,211 |
| Average Home Value | $728,164 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,475
Multi-Family
151
Businesses
701
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