5 Ridgeway RoadPort WashingtonNY11050
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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 Port Washington at 5 Ridgeway Road, Port Washington, NY, 11050 earns $5,999/mo cash flow from $14,580/mo rent with a $6,289/mo payment. Total monthly income totals $14,580/mo, and annual cash flow totals $71,993/yr on $416,340 capital. ROI tracks 37.66% on current figures, and rental yield reads 13.62% at a $1,285,000 purchase. Equity gained on principal adds $8,292/yr, and 5% annual appreciation supports $355,022 over five years. Five-year ROI reaches 198.6% and total cumulative return in cash sums $826,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $14,580/mo property income instead of your personal income.
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
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Listed by: Beth S. Catrone SFR • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #900643