3094 Riverside DriveWantaghNY11793
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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 Wantagh at 3094 Riverside Drive, Wantagh, NY, 11793 listed at $1,575,000 pairs $3,600/mo rent with a $7,709/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 4.1% in year one, and rental yield registers 2.74% at a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and annual property appreciation at 5% supports $435,143 by year five. Five-year ROI tracks 18.64% and total cumulative return in cash totals $95,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $7,709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11793, Wantagh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,991 (100%) |
| Owner Occupied HU | 9,873 (89.8%) |
| Renter Occupied HU | 801 ( 7.3%) |
| Vacant Housing Units | 317 ( 2.9%) |
| Median Home Value | $661,408 |
| Average Home Value | $714,075 |
Housing Distribution
Address Breakdown
Residential
10,619
Single Family
10,471
Multi-Family
148
Businesses
735
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