639 Boelsen DriveWestburyNY11590
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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 Westbury at 639 Boelsen Drive, Westbury, NY, 11590 priced at $1,450,000 converts $4,918/mo rent into after a $7,097/mo obligation. Total monthly income equals $4,918/mo. Return on cash invested prints 8.2% in year one, and rental yield reads 4.07% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 40.61% and total cumulative return in cash sums $190,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,918/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
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