51 Meadowlark LnWoodridgeNY12789
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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 Woodridge at 51 Meadowlark Ln, Woodridge, NY, 12789 earns $1,085/mo cash flow from $3,136/mo rent with a $1,503/mo payment. Total monthly income totals $3,136/mo, and annual cash flow totals $13,024/yr on $101,804 capital. ROI tracks 32.7% on current figures, and rental yield reads 12.25% at a $307,100 purchase. Equity gained on principal adds $1,982/yr, and 5% annual appreciation supports $84,846 over five years. Five-year ROI reaches 172.12% and total cumulative return in cash sums $175,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,136/mo property income instead of your personal income.
Condo
Built in 1989
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12789, Woodridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 404 (23.9%) |
| Renter Occupied HU | 377 (22.3%) |
| Vacant Housing Units | 911 (53.8%) |
| Median Home Value | $219,355 |
| Average Home Value | $323,527 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
76
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