57 Chaffee AvenueAlbertsonNY11507
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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 Albertson at 57 Chaffee Avenue, Albertson, NY, 11507 generates $7,920/mo in rent and, after a $4,836/mo payment, leaves $1,322/mo in cash flow. Total monthly income is $7,920/mo, and annual cash flow is $15,865/yr on $325,052 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.62% on a $988,000 entry. Equity gained on principal adds $6,375/yr, while 5% annual appreciation builds toward $272,966 over five years. Five-year ROI reaches 130.44% and total cumulative return in cash sums $424,012. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11507, Albertson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,571 (100%) |
| Owner Occupied HU | 2,329 (90.6%) |
| Renter Occupied HU | 158 ( 6.1%) |
| Vacant Housing Units | 84 ( 3.3%) |
| Median Home Value | $872,328 |
| Average Home Value | $944,581 |
Housing Distribution
Address Breakdown
Residential
2,457
Single Family
2,394
Multi-Family
63
Businesses
351
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