46 Balsam CtWantaghNY11793
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 Wantagh at 46 Balsam Ct, Wantagh, NY, 11793 at $518,000 posts ROI 28.88% with $1,253/mo cash flow from $4,712/mo rent. Total monthly income equals $4,712/mo, and annual cash flow records $15,039/yr on $170,422 to close. Return on cash invested measures 28.88% and rental yield reads 10.92% at the current $518,000. Equity gained on principal adds $3,343/yr, and 5% annual appreciation supports $143,114 by year five. Five-year ROI prints 151.6% and total cumulative return in cash totals $258,367.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,712/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1955
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11793, Wantagh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,991 (100%) |
| Owner Occupied HU | 9,873 (89.8%) |
| Renter Occupied HU | 801 ( 7.3%) |
| Vacant Housing Units | 317 ( 2.9%) |
| Median Home Value | $661,408 |
| Average Home Value | $714,075 |
Housing Distribution
Address Breakdown
Residential
10,619
Single Family
10,471
Multi-Family
148
Businesses
735
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