50 Pilgrim LnWestburyNY11590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westbury at 50 Pilgrim Ln, Westbury, NY, 11590 priced at $807,400 pairs $5,454/mo rent with $62/mo cash flow after a $3,952/mo payment. Total monthly income equals $5,454/mo, and annual cash flow comes to $746/yr on $265,635 invested. Return on cash invested is 20.34% in year one, and rental yield stands at 8.11% on a $807,400 basis. Equity gained on principal adds $5,210/yr, and 5% annual appreciation accumulates to $223,070 by year five. Five-year ROI measures 105.78% and total cumulative return in cash reaches $280,995. For financing, Ziffy Mortgage’s DSCR program evaluates $5,454/mo property income against a $3,952/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices