3660 Park Avenue UNIT 2PWantaghNY11793
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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 Wantagh at 3660 Park Avenue UNIT 2P, Wantagh, NY, 11793 offers a 14.03% rental yield on a $349,000 purchase with $4,081/mo rent. Total monthly income registers $4,081/mo, and a $1,708/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,675/yr on $115,694 to close, and return on cash invested stands at 26.54% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 143.25% and total cumulative return in cash at $165,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,081/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
$1,111 monthly 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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Listed by: Ann M Pizaro • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3569886
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