32 Saint Marks PlaceMassapequaNY11758
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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 Massapequa at 32 Saint Marks Place, Massapequa, NY, 11758 offers a 8.32% rental yield on a $649,000 purchase with $4,500/mo rent. Total monthly income registers $4,500/mo, and a $3,177/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,987/yr on $213,521 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 109.26% and total cumulative return in cash at $233,304. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,500/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Joseph S. Tracz • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #956132