61 Maple DriveNew Hyde ParkNY11040
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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 New Hyde Park at 61 Maple Drive, New Hyde Park, NY, 11040 generates $4,330/mo in rent, after a $5,873/mo payment. Total monthly income is $4,330/mo. Return on cash invested sits at 9% in year one, and rental yield is 4.33% on a $1,199,888 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,507 over five years. Five-year ROI reaches 44.92% and total cumulative return in cash sums $174,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
8,004 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
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Listed by: Teresa Coleman • Posh Homes Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #865553
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