297 Green Valley RoadEast MeadowNY11554
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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
Rental property for sale in East Meadow at 297 Green Valley Road, East Meadow, NY, 11554 offers $5,520/mo rent that, after a $4,654/mo payment. Total monthly income is $5,520/mo. Return on cash invested measures 16.88% in year one, and rental yield stands at 6.97% at a $950,888 entry. Equity gained on principal adds $6,136/yr while 5% annual appreciation compounds into $262,713 by year five. Five-year ROI records 87.2% and total cumulative return in cash reaches $272,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,520/mo property income versus a $4,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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Listed by: Sania Naqvi • Property Professionals Realty
Mls Name: OneKey MLS
Mls ID: #876110