3322 Parkway DriveBaldwinNY11510
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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
Rental property for sale in Baldwin at 3322 Parkway Drive, Baldwin, NY, 11510 generates $3,060/mo in rent, after a $3,744/mo payment. Total monthly income is $3,060/mo. Return on cash invested sits at 10.29% in year one, and rental yield is 4.8% on a $764,999 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 51.89% and total cumulative return in cash sums $130,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
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