5 Clark Street, Plainview, NY, 11803 | $645/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Plainview at 5 Clark Street, Plainview, NY, 11803 priced at $730,000 pairs $5,520/mo rent with $645/mo cash flow after a $3,573/mo payment. Total monthly income equals $5,520/mo, and annual cash flow comes to $7,742/yr on $240,170 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 9.07% on a $730,000 basis. Equity gained on principal adds $4,711/yr, and 5% annual appreciation accumulates to $201,686 by year five. Five-year ROI measures 121.56% and total cumulative return in cash reaches $291,950. For financing, Ziffy Mortgage’s DSCR program evaluates $5,520/mo property income against a $3,573/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1954

6,500 sqft lot

$N/A/sqft

No HOA

More details about the property

A Prime Opportunity in the Heart of Plainview! Perfectly positioned in the Bethpage School District, this charming split-style home offers 3 bedrooms, 1.5 baths, and endless potential to make it your own. Featuring hardwood floors throughout, an attached 1-car garage, and a functional layout. Nestled just around the corner from John A. Masino Park, this home provides the perfect blend of suburban tranquility and convenience. Enjoy easy access to major highways, nearby shopping centers, restaurants, and all that Plainview has to offer. Looking for a home you can customize to your taste? 5 Clark Street is the one you've been waiting for. Dont miss this opportunity to create your dream home in a sought-after neighborhood!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,328 (100%)
Owner Occupied HU	8,949 (86.6%)
Renter Occupied HU	796 ( 7.7%)
Vacant Housing Units	583 ( 5.6%)
Median Home Value	$746,133
Average Home Value	$799,170