55 Cambridge AveGarden CityNY11530
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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 Garden City at 55 Cambridge Ave, Garden City, NY, 11530 priced at $1,140,300 pairs $6,164/mo rent with after a $5,581/mo payment. Total monthly income equals $6,164/mo. Return on cash invested is 15.66% in year one, and rental yield stands at 6.49% on a $1,140,300 basis. Equity gained on principal adds $7,358/yr, and 5% annual appreciation accumulates to $315,044 by year five. Five-year ROI measures 80.61% and total cumulative return in cash reaches $297,816. For financing, Ziffy Mortgage’s DSCR program evaluates $6,164/mo property income against a $5,581/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 8,533 (85.9%) |
| Renter Occupied HU | 981 ( 9.9%) |
| Vacant Housing Units | 423 ( 4.3%) |
| Median Home Value | $962,312 |
| Average Home Value | $1,087,331 |
Housing Distribution
Address Breakdown
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
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Listed by: N/A • N/A
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