359 Park LaneMassapequa ParkNY11762
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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 Park at 359 Park Lane, Massapequa Park, NY, 11762 uses $279,650 cash to close to unlock $1,730/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $5,820/mo, and a $4,160/mo payment keeps the spread at $144/mo. Purchase price stands at $849,999, and rental yield measures 8.22% with $5,820/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash records $300,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,820/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
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Listed by: Anthony Napolitano Jr • Anthony Napolitano Homes
Mls Name: OneKey MLS
Mls ID: #946057