508 Bedford AveBellmoreNY11710
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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 Bellmore at 508 Bedford Ave, Bellmore, NY, 11710 listed at $254,000 pairs $3,390/mo rent with a $1,243/mo payment to leave $1,444/mo cash flow. Total monthly income runs $3,390/mo, and annual cash flow reaches $17,328/yr on $84,201 cash to close. Return on cash invested measures 40.49% in year one, and rental yield registers 16.02% at a $254,000 basis. Equity gained on principal adds $1,639/yr, and annual property appreciation at 5% supports $70,176 by year five. Five-year ROI tracks 215.19% and total cumulative return in cash totals $181,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,390/mo property income relative to a $1,243/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
0.84 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11710, Bellmore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,935 (100%) |
| Owner Occupied HU | 10,258 (85.9%) |
| Renter Occupied HU | 1,331 (11.2%) |
| Vacant Housing Units | 346 ( 2.9%) |
| Median Home Value | $681,688 |
| Average Home Value | $733,626 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,290
Multi-Family
106
Businesses
1,091
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