597 Old Bethpage RoadOld BethpageNY11804
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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 Old Bethpage at 597 Old Bethpage Road, Old Bethpage, NY, 11804 offers a 9.19% rental yield on a $815,000 purchase with $6,240/mo rent. Total monthly income registers $6,240/mo, and a $3,989/mo payment leaves $798/mo available for distribution. Annual cash flow reaches $9,571/yr on $268,135 to close, and return on cash invested stands at 23.63% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 123.4% and total cumulative return in cash at $330,889. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,240/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11804, Old Bethpage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,363 (100%) |
| Owner Occupied HU | 1,962 (83.0%) |
| Renter Occupied HU | 171 ( 7.2%) |
| Vacant Housing Units | 230 ( 9.7%) |
| Median Home Value | $867,389 |
| Average Home Value | $931,435 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
160
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Nearby investment properties with comparable prices
Listed by: Maryann E. Milano • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #820273
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