38 Charter RoadSeldenNY11784
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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 Selden at 38 Charter Road, Selden, NY, 11784 priced at $499,990 pairs $4,556/mo rent with $1,217/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,556/mo, and annual cash flow comes to $14,608/yr on $165,747 invested. Return on cash invested is 28.72% in year one, and rental yield stands at 10.93% on a $499,990 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,138 by year five. Five-year ROI measures 150.75% and total cumulative return in cash reaches $249,869. For financing, Ziffy Mortgage’s DSCR program evaluates $4,556/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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