398 Clocks BoulevardMassapequaNY11758
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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 Massapequa at 398 Clocks Boulevard, Massapequa, NY, 11758 priced at $599,000 pairs $4,500/mo rent with $500/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,500/mo, and annual cash flow comes to $5,997/yr on $197,071 invested. Return on cash invested is 23.1% in year one, and rental yield stands at 9.02% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 120.59% and total cumulative return in cash reaches $237,646. For financing, Ziffy Mortgage’s DSCR program evaluates $4,500/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Juan C. Valdiviezo • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #957032