38 Elm StreetNassauNY12123
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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 Nassau at 38 Elm Street, Nassau, NY, 12123 listed at $389,000 pairs $2,245/mo rent with a $1,904/mo payment. Total monthly income runs $2,245/mo. Return on cash invested measures 16.63% in year one, and rental yield registers 6.93% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 85.91% and total cumulative return in cash totals $110,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,245/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1910
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12123, Nassau, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,481 (100%) |
| Owner Occupied HU | 1,718 (69.2%) |
| Renter Occupied HU | 523 (21.1%) |
| Vacant Housing Units | 240 ( 9.7%) |
| Median Home Value | $323,819 |
| Average Home Value | $364,566 |
Housing Distribution
Address Breakdown
Residential
1,959
Single Family
1,945
Multi-Family
14
Businesses
86
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