








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cedarhurst at 544 Monroe Street, Cedarhurst, NY, 11516 at $979,000 posts ROI 15.69% with from $5,365/mo rent. Total monthly income equals $5,365/mo. Return on cash invested measures 15.69% and rental yield reads 6.58% at the current $979,000. Equity gained on principal adds $6,317/yr, and 5% annual appreciation supports $270,480 by year five. Five-year ROI prints 80.84% and total cumulative return in cash totals $260,374. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,365/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11516, Cedarhurst, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,763 (63.9%) |
| Renter Occupied HU | 826 (30.0%) |
| Vacant Housing Units | 168 ( 6.1%) |
| Median Home Value | $930,556 |
| Average Home Value | $983,076 |
Residential
2,469
Single Family
1,887
Multi-Family
582
Businesses
747
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $979,000 |
| 2024-05-14 | Listing removed | N/A |
| 2024-04-28 | Price change | $999,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $487 | -8.63% |
| 2022-10-15 | N/A | N/A | $533 | N/A |
| 2021-10-15 | $6791.62 | 18.55% | N/A | N/A |



What's Special
Finished,Full
Listed by: Avi Dubin • Avid Homes Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3573202
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.