301 Coventry RoadWest 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 Coventry Road, West Hempstead, NY, 11552 uses $156,369 cash to close to unlock $3,238/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $2,309/mo payment keeps the spread at $270/mo. Purchase price stands at $471,700, and rental yield measures 8.7% with $3,420/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $130,322 over five years. Five-year ROI reaches 114.59% and total cumulative return in cash records $179,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $2,309/mo payment rather than investor’s personal income.
Single Family
Built in 1962
5,917 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: Neven Spralja • REALHome Services & Solutions
Mls Name: OneKey MLS
Mls ID: #938735