485 Long Island AveMedfordNY11763
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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
Rental property for sale in Medford at 485 Long Island Ave, Medford, NY, 11763 offers $3,600/mo rent that, after a $1,385/mo payment, leaves $1,710/mo cash flow. Total monthly income is $3,600/mo, and annual cash flow is $20,523/yr on $93,821 cash. Return on cash invested measures 41.78% in year one, and rental yield stands at 15.26% at a $283,019 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,193 by year five. Five-year ROI records 220.81% and total cumulative return in cash reaches $207,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1820
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11763, Medford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,015 (100%) |
| Owner Occupied HU | 7,830 (78.2%) |
| Renter Occupied HU | 1,765 (17.6%) |
| Vacant Housing Units | 420 ( 4.2%) |
| Median Home Value | $535,795 |
| Average Home Value | $562,740 |
Housing Distribution
Address Breakdown
Residential
9,227
Single Family
9,227
Multi-Family
0
Businesses
850
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Nearby investment properties with comparable prices
