4 Locust AvenueNassauNY12123
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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 4 Locust Avenue, Nassau, NY, 12123 uses $41,438 cash to close to unlock $2,005/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $612/mo payment keeps the spread at $167/mo. Purchase price stands at $125,000, and rental yield measures 9.62% with $1,002/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 129.55% and total cumulative return in cash records $53,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,276 sqft 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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