407 W Main StBabylonNY11702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Babylon at 407 W Main St, Babylon, NY, 11702 priced at $616,500 pairs $3,820/mo rent with after a $3,017/mo payment. Total monthly income equals $3,820/mo. Return on cash invested is 18.31% in year one, and rental yield stands at 7.44% on a $616,500 basis. Equity gained on principal adds $3,978/yr, and 5% annual appreciation accumulates to $170,328 by year five. Five-year ROI measures 94.87% and total cumulative return in cash reaches $192,416. For financing, Ziffy Mortgage’s DSCR program evaluates $3,820/mo property income against a $3,017/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11702, Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,284 (73.0%) |
| Renter Occupied HU | 1,154 (19.7%) |
| Vacant Housing Units | 433 ( 7.4%) |
| Median Home Value | $684,211 |
| Average Home Value | $728,164 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,475
Multi-Family
151
Businesses
701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices