50 Clinton AveFarmingdaleNY11735
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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 Farmingdale at 50 Clinton Ave, Farmingdale, NY, 11735 priced at $849,000 converts $5,459/mo rent into after a $4,155/mo obligation. Total monthly income equals $5,459/mo. Return on cash invested prints 19.16% in year one, and rental yield reads 7.72% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 99.42% and total cumulative return in cash sums $277,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,459/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1929
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: N/A • N/A
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