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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Jericho at 46 Manors Drive, Jericho, NY, 11753 offers $6,720/mo rent that, after a $3,911/mo payment, leaves $1,384/mo cash flow. Total monthly income is $6,720/mo, and annual cash flow is $16,609/yr on $262,871 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 10.09% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 138.16% and total cumulative return in cash reaches $363,186. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,720/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11753, Jericho, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,474 (100%) |
| Owner Occupied HU | 3,633 (81.2%) |
| Renter Occupied HU | 661 (14.8%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $919,370 |
| Average Home Value | $1,008,323 |
Residential
4,494
Single Family
3,974
Multi-Family
520
Businesses
832
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly J. Filardi • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #888980
