








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Baldwin at 487 Baldwin Avenue, Baldwin, NY, 11510 earns from $3,060/mo rent with a $4,038/mo payment. Total monthly income totals $3,060/mo. ROI tracks 9.23% on current figures, and rental yield reads 4.45% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 46.19% and total cumulative return in cash sums $125,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,060/mo property income instead of your personal income.
Single Family
Built in 1954
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $825,000 |
| 1998-07-14 | Sold | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-11 | N/A | N/A | $430 | 2.87% |
| 2022-04-11 | N/A | N/A | $418 | N/A |
| 2021-04-11 | $6378.05 | 35.68% | N/A | N/A |



What's Special
Dormer
Listed by: Samantha Cacciatore • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #847288
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 2025 OneKey MLS. All rights reserved.