60 BroadwayWoodridgeNY12789
Nearby investment properties with comparable rents
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 Woodridge at 60 Broadway, Woodridge, NY, 12789 generates $2,220/mo in rent and, after a $1,346/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $4,603/yr on $91,163 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.69% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 130.58% and total cumulative return in cash sums $119,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12789, Woodridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 404 (23.9%) |
| Renter Occupied HU | 377 (22.3%) |
| Vacant Housing Units | 911 (53.8%) |
| Median Home Value | $219,355 |
| Average Home Value | $323,527 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices