527 Spruce LaneEast MeadowNY11554
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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 East Meadow at 527 Spruce Lane, East Meadow, NY, 11554 with 5% annual appreciation on a $739,999 basis while $3,840/mo rent supports operations. 63% in year one. Equity gained on principal adds $4,775/yr, and five-year appreciation sums $204,448 alongside rental yield of 6.23%. Five-year ROI measures 75.15% and total cumulative return in cash totals $182,962. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $3,622/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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Listed by: Jeffrey Memisha • Realty Advisors Inc
Mls Name: OneKey MLS
Mls ID: #952707