53 Eastern AvenueDeer ParkNY11729
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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
Rental property for sale in Deer Park at 53 Eastern Avenue, Deer Park, NY, 11729 offers $4,590/mo rent that, after a $3,500/mo payment. Total monthly income is $4,590/mo. Return on cash invested measures 19.12% in year one, and rental yield stands at 7.7% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 99.2% and total cumulative return in cash reaches $233,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,590/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11729, Deer Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 7,397 (74.7%) |
| Renter Occupied HU | 2,117 (21.4%) |
| Vacant Housing Units | 384 ( 3.9%) |
| Median Home Value | $583,583 |
| Average Home Value | $603,529 |
Housing Distribution
Address Breakdown
Residential
9,102
Single Family
8,883
Multi-Family
219
Businesses
1,782
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