379 Ferris RdSeafordNY11783
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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 Seaford at 379 Ferris Rd, Seaford, NY, 11783 offers $5,694/mo rent that, after a $3,881/mo payment, leaves $399/mo cash flow. Total monthly income is $5,694/mo, and annual cash flow is $4,788/yr on $260,864 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 8.62% at a $792,900 entry. Equity gained on principal adds $5,116/yr while 5% annual appreciation compounds into $219,064 by year five. Five-year ROI records 114.1% and total cumulative return in cash reaches $297,646. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,694/mo property income versus a $3,881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11783, Seaford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,419 (100%) |
| Owner Occupied HU | 6,630 (89.4%) |
| Renter Occupied HU | 565 ( 7.6%) |
| Vacant Housing Units | 224 ( 3.0%) |
| Median Home Value | $656,191 |
| Average Home Value | $711,163 |
Housing Distribution
Address Breakdown
Residential
7,200
Single Family
7,088
Multi-Family
112
Businesses
396
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