49 Prospect StreetRooseveltNY11575
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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 Roosevelt at 49 Prospect Street, Roosevelt, NY, 11575 priced at $788,000 converts $4,200/mo rent into after a $3,857/mo obligation. Total monthly income equals $4,200/mo. Return on cash invested prints 15.14% in year one, and rental yield reads 6.4% against a $788,000 entry. Equity gained on principal adds $5,085/yr, while 5% annual appreciation compiles into $217,710 by year five. Five-year ROI reaches 77.9% and total cumulative return in cash sums $201,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $3,857/mo payment, not borrower’s personal income.
Single Family
Built in 2004
4,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11575, Roosevelt, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,503 (100%) |
| Owner Occupied HU | 3,088 (68.6%) |
| Renter Occupied HU | 1,209 (26.8%) |
| Vacant Housing Units | 206 ( 4.6%) |
| Median Home Value | $540,165 |
| Average Home Value | $617,447 |
Housing Distribution
Address Breakdown
Residential
3,891
Single Family
3,832
Multi-Family
59
Businesses
255
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