59 Riviera DriveSeldenNY11784
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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 Selden at 59 Riviera Drive, Selden, NY, 11784 listed at $575,000 pairs $3,666/mo rent with a $2,814/mo payment. Total monthly income runs $3,666/mo. Return on cash invested measures 18.96% in year one, and rental yield registers 7.65% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 98.37% and total cumulative return in cash totals $186,095. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,666/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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