55 Willow StreetGarden 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
Investment property for sale in Garden City at 55 Willow Street, Garden City, NY, 11530 uses $295,771 cash to close to unlock $10,041/yr annual cash flow and $837/mo monthly cash flow. Total monthly income runs $6,840/mo, and a $4,400/mo payment keeps the spread at $837/mo. Purchase price stands at $899,000, and rental yield measures 9.13% with $6,840/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash records $362,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,840/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1925
5,000 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: Blerina Dumani • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #939380