522 Beech StreetNew Hyde ParkNY11040
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
Investment property for sale in New Hyde Park at 522 Beech Street, New Hyde Park, NY, 11040 at $985,000 posts ROI 26.66% with $1,782/mo cash flow from $8,360/mo rent. Total monthly income equals $8,360/mo, and annual cash flow records $21,389/yr on $324,065 to close. Return on cash invested measures 26.66% and rental yield reads 10.18% at the current $985,000. Equity gained on principal adds $6,356/yr, and 5% annual appreciation supports $272,137 by year five. Five-year ROI prints 139.66% and total cumulative return in cash totals $452,590.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
5,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
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Nearby investment properties with comparable prices
Listed by: Jose Valencia • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3569541
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.