54 Grand StreetMassapequaNY11758
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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 Massapequa at 54 Grand Street, Massapequa, NY, 11758 with 5% annual appreciation on a $599,000 basis while $4,500/mo rent supports operations. Total monthly income totals $4,500/mo and a $2,932/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $5,997/yr on $197,071 deployed, and return on cash invested reaches 23.1% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 9.02%. Five-year ROI measures 120.59% and total cumulative return in cash totals $237,646.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,500/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
7,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Martha Marcellus • Coldwell Banker Easton Prop
Mls Name: OneKey MLS
Mls ID: #930043