33 Russet LnWantaghNY11793
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
Investment Highlights
Investment property for sale in Wantagh at 33 Russet Ln, Wantagh, NY, 11793 earns $5,271/mo cash flow from $11,274/mo rent with a $4,400/mo payment. Total monthly income totals $11,274/mo, and annual cash flow totals $63,249/yr on $295,771 capital. ROI tracks 41.44% on current figures, and rental yield reads 15.05% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 218.94% and total cumulative return in cash sums $647,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,274/mo property income instead of your personal income.
Single Family
Built in 1948
6,534 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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Nearby investment properties with comparable prices
Listed by: ToniAnn Hespe • Berkshire Hathaway HomeService
Mls Name: SIBOR
Mls Provider:
Mls ID: #2403838
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