39 Cobalt LaneWestburyNY11590
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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 Westbury at 39 Cobalt Lane, Westbury, NY, 11590 offers $5,488/mo rent that, after a $8,688/mo payment. Total monthly income is $5,488/mo. Return on cash invested measures 7.09% in year one, and rental yield stands at 3.71% at a $1,775,000 entry. Equity gained on principal adds $11,454/yr while 5% annual appreciation compounds into $490,400 by year five. Five-year ROI records 34.65% and total cumulative return in cash reaches $199,258. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,488/mo property income versus a $8,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
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