409 Buckingham RdCedarhurstNY11516
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
Investment property for sale in Cedarhurst at 409 Buckingham Rd, Cedarhurst, NY, 11516 at $639,000 posts ROI 31.2% with $1,952/mo cash flow from $6,220/mo rent. Total monthly income equals $6,220/mo, and annual cash flow records $23,429/yr on $210,231 to close. Return on cash invested measures 31.2% and rental yield reads 11.68% at the current $639,000. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 by year five. Five-year ROI prints 164.04% and total cumulative return in cash totals $344,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11516, Cedarhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,763 (63.9%) |
| Renter Occupied HU | 826 (30.0%) |
| Vacant Housing Units | 168 ( 6.1%) |
| Median Home Value | $930,556 |
| Average Home Value | $983,076 |
Housing Distribution
Address Breakdown
Residential
2,469
Single Family
1,887
Multi-Family
582
Businesses
747
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Nearby investment properties with comparable prices
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