38 Pasadena DrivePlainviewNY11803
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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 Plainview at 38 Pasadena Drive, Plainview, NY, 11803 generates $5,520/mo in rent, after a $4,895/mo payment. Total monthly income is $5,520/mo. Return on cash invested sits at 15.84% in year one, and rental yield is 6.62% on a $999,999 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 81.62% and total cumulative return in cash sums $268,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,520/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,958 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,328 (100%) |
| Owner Occupied HU | 8,949 (86.6%) |
| Renter Occupied HU | 796 ( 7.7%) |
| Vacant Housing Units | 583 ( 5.6%) |
| Median Home Value | $746,133 |
| Average Home Value | $799,170 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
10,031
Multi-Family
255
Businesses
1,275
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-30 | Listed for sale | $999,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | N/A | N/A | $594 | -4.04% |
| 2022-04-01 | N/A | N/A | $619 | N/A |
| 2021-04-01 | $14191.64 | 7.54% | N/A | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: N/A
- Building Area: 1,831
- Living Area: 1,791 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Natural Gas
- Cooling: Central Air
- Flooring: Wood
- Interior Features: Eat-in Kitchen, Formal Dining, Primary Bathroom, Storage, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway, Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Pasadena Elementary School
- Middle School: Plainview-Old Bethpage Middle Sch
- High School: Plainview-Old Bethpage/Jfk Hs
What's Special
Finished
Listed by: Jamie Gorman • Charles Rutenberg Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #841619
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.