569 Clocks BoulevardMassapequaNY11758
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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
Rental property for sale in Massapequa at 569 Clocks Boulevard, Massapequa, NY, 11758 offers $5,861/mo rent that, after a $2,570/mo payment, leaves $2,355/mo cash flow. Total monthly income is $5,861/mo, and annual cash flow is $28,257/yr on $172,725 cash. Return on cash invested measures 36.42% in year one, and rental yield stands at 13.4% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 191.99% and total cumulative return in cash reaches $331,617. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,861/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
6,000 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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Nearby investment properties with comparable prices
Listed by: Garth C Muirhead • Phenomenal Properties R E Co
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3563822
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