590 LangleyWest HempsteadNY11552
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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 West Hempstead at 590 Langley, West Hempstead, NY, 11552 offers $5,700/mo rent that, after a $3,965/mo payment, leaves $291/mo cash flow. Total monthly income is $5,700/mo, and annual cash flow is $3,486/yr on $266,490 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 8.44% at a $809,999 entry. Equity gained on principal adds $5,227/yr while 5% annual appreciation compounds into $223,788 by year five. Five-year ROI records 111.28% and total cumulative return in cash reaches $296,559. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,700/mo property income versus a $3,965/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11552, West Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,692 (100%) |
| Owner Occupied HU | 6,351 (82.6%) |
| Renter Occupied HU | 1,041 (13.5%) |
| Vacant Housing Units | 300 ( 3.9%) |
| Median Home Value | $650,380 |
| Average Home Value | $684,524 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,190
Multi-Family
157
Businesses
672
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Listed by: Xue Yue Zhang SFR CBR • Keller Williams Rlty Landmark
Mls Name: OneKey MLS
Mls ID: #935277