301 Concord AvenueWest HempsteadNY11552
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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 West Hempstead at 301 Concord Avenue, West Hempstead, NY, 11552 listed at $774,000 pairs $5,700/mo rent with a $3,788/mo payment to leave $532/mo cash flow. Total monthly income runs $5,700/mo, and annual cash flow reaches $6,380/yr on $254,646 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.84% at a $774,000 basis. Equity gained on principal adds $4,995/yr, and annual property appreciation at 5% supports $213,842 by year five. Five-year ROI tracks 117.7% and total cumulative return in cash totals $299,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,700/mo property income relative to a $3,788/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
4,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11552, West Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,692 (100%) |
| Owner Occupied HU | 6,351 (82.6%) |
| Renter Occupied HU | 1,041 (13.5%) |
| Vacant Housing Units | 300 ( 3.9%) |
| Median Home Value | $650,380 |
| Average Home Value | $684,524 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,190
Multi-Family
157
Businesses
672
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Listed by: Chris J. Boylan • EXIT Realty Premier
Mls Name: OneKey MLS
Mls ID: #926235