2916 Rhode Island AvenueMedfordNY11763
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 Medford at 2916 Rhode Island Avenue, Medford, NY, 11763 at $530,000 posts ROI 21.91% with $269/mo cash flow from $3,808/mo rent. Total monthly income equals $3,808/mo, and annual cash flow records $3,226/yr on $174,370 to close. Return on cash invested measures 21.91% and rental yield reads 8.62% at the current $530,000. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 by year five. Five-year ROI prints 114.18% and total cumulative return in cash totals $199,099.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11763, Medford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,015 (100%) |
| Owner Occupied HU | 7,830 (78.2%) |
| Renter Occupied HU | 1,765 (17.6%) |
| Vacant Housing Units | 420 ( 4.2%) |
| Median Home Value | $535,795 |
| Average Home Value | $562,740 |
Housing Distribution
Address Breakdown
Residential
9,227
Single Family
9,227
Multi-Family
0
Businesses
850
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Nearby investment properties with comparable prices
Listed by: Natalie Antonov • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #858339
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