31-36 Wilshire Ln #31-36OakdaleNY11769
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 31-36 Wilshire Ln #31-36, Oakdale, NY, 11769 in Oakdale achieves 1.59, rent of $2,496/mo covers the $1,569/mo payment 1.5x over at $349,000. Rental yield 8.58%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $96,422 over five years, with $3,214/yr in principal reduction bringing total projected return to $143,750.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $(755) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,496 |
| Total Monthly Debt Service | $2,192 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11769, Oakdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,099 (100%) |
| Owner Occupied HU | 3,029 (73.9%) |
| Renter Occupied HU | 641 (15.6%) |
| Vacant Housing Units | 429 (10.5%) |
| Median Home Value | $640,446 |
| Average Home Value | $657,556 |
Housing Distribution
Address Breakdown
Residential
3,706
Single Family
3,543
Multi-Family
163
Businesses
278
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
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11769, Oakdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,099 (100%) |
| Owner Occupied HU | 3,029 (73.9%) |
| Renter Occupied HU | 641 (15.6%) |
| Vacant Housing Units | 429 (10.5%) |
| Median Home Value | $640,446 |
| Average Home Value | $657,556 |
Housing Distribution
Address Breakdown
Residential
3,706
Single Family
3,543
Multi-Family
163
Businesses
278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices