49 Amherst DriveMassapequaNY11758
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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 Massapequa at 49 Amherst Drive, Massapequa, NY, 11758 offers a 9.72% rental yield on a $779,000 purchase with $6,310/mo rent. Total monthly income registers $6,310/mo, and a $3,813/mo payment leaves $1,108/mo available for distribution. Annual cash flow reaches $13,293/yr on $256,291 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $5,027/yr while 5% annual appreciation supports $215,223 over five years. Portfolio math shows five-year ROI at 132.08% and total cumulative return in cash at $338,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,310/mo property income against a $3,813/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
7,134 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Christine Biordi • EXIT Realty Premier
Mls Name: OneKey MLS
Mls ID: #953174