561 Amherst DriveWoodmereNY11598
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Woodmere at 561 Amherst Drive, Woodmere, NY, 11598 earns from $8,120/mo rent with a $6,130/mo payment. Total monthly income totals $8,120/mo. ROI tracks 19.65% on current figures, and rental yield reads 7.78% at a $1,252,500 purchase. Equity gained on principal adds $8,082/yr, and 5% annual appreciation supports $346,043 over five years. Five-year ROI reaches 102.01% and total cumulative return in cash sums $413,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,120/mo property income instead of your personal income.
Single Family
Built in 1960
7,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11598, Woodmere, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,273 (100%) |
| Owner Occupied HU | 3,590 (84.0%) |
| Renter Occupied HU | 474 (11.1%) |
| Vacant Housing Units | 209 ( 4.9%) |
| Median Home Value | $975,543 |
| Average Home Value | $1,120,117 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
3,738
Multi-Family
461
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Sara Abikzer • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #872655
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