48 Pilgrim LaneWestburyNY11590
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 Westbury at 48 Pilgrim Lane, Westbury, NY, 11590 at $979,000 posts ROI 19.2% with from $6,307/mo rent. Total monthly income equals $6,307/mo. Return on cash invested measures 19.2% and rental yield reads 7.73% at the current $979,000. Equity gained on principal adds $6,317/yr, and 5% annual appreciation supports $270,480 by year five. Five-year ROI prints 99.66% and total cumulative return in cash totals $320,998. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,307/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael S Flynn • EXP Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3561622
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.