48 Wright AveMalverneNY11565
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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 Malverne at 48 Wright Ave, Malverne, NY, 11565 offers a 11.3% rental yield on a $535,000 purchase with $5,038/mo rent. Total monthly income registers $5,038/mo, and a $2,619/mo payment leaves $1,465/mo available for distribution. Annual cash flow reaches $17,579/yr on $176,015 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 157.82% and total cumulative return in cash at $277,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,038/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11565, Malverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,225 (100%) |
| Owner Occupied HU | 2,953 (91.6%) |
| Renter Occupied HU | 172 ( 5.3%) |
| Vacant Housing Units | 100 ( 3.1%) |
| Median Home Value | $650,534 |
| Average Home Value | $680,976 |
Housing Distribution
Address Breakdown
Residential
3,174
Single Family
3,166
Multi-Family
8
Businesses
230
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