49 Griddle LaneLevittownNY11756
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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 Levittown at 49 Griddle Lane, Levittown, NY, 11756 priced at $1,029,999 converts $5,040/mo rent into after a $5,041/mo obligation. Total monthly income equals $5,040/mo. Return on cash invested prints 13.76% in year one, and rental yield reads 5.87% against a $1,029,999 entry. Equity gained on principal adds $6,646/yr, while 5% annual appreciation compiles into $284,570 by year five. Five-year ROI reaches 70.44% and total cumulative return in cash sums $235,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,040/mo property income covering a $5,041/mo payment, not borrower’s personal income.
Single Family
Built in 1948
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11756, Levittown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,917 (100%) |
| Owner Occupied HU | 12,274 (88.2%) |
| Renter Occupied HU | 1,223 ( 8.8%) |
| Vacant Housing Units | 420 ( 3.0%) |
| Median Home Value | $605,689 |
| Average Home Value | $643,544 |
Housing Distribution
Address Breakdown
Residential
13,482
Single Family
13,237
Multi-Family
245
Businesses
730
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