3 Poplar AvenueFarmingdaleNY11735
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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 Farmingdale at 3 Poplar Avenue, Farmingdale, NY, 11735 with 5% annual appreciation on a $649,000 basis while $5,280/mo rent supports operations. Total monthly income totals $5,280/mo and a $3,177/mo payment preserves $946/mo for cash returns. Annual cash flow comes to $11,347/yr on $213,521 deployed, and return on cash invested reaches 25.37% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 9.76%. Five-year ROI measures 132.77% and total cumulative return in cash totals $283,488.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,280/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: Nancy G. Mangieri • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #947400