309 Philadelphia AveMassapequa ParkNY11762
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 309 Philadelphia Ave, Massapequa Park, NY, 11762 in Massapequa Park at $1,243,100, 5.82% gross yield, is a market-growth asset. Rental yield 5.82%. The $7,687/mo rent partially funds the $5,590/mo debt service; the core return is the 5%/yr price growth projected to add $343,446 over five years. Ziffy Mortgage's DSCR mortgage (1.38) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $434,506.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(2,193) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $7,687 |
| Total Monthly Debt Service | $7,807 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
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
Single Family
Built in 1953
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A