65 Grant AvenueAlbertsonNY11507
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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 Albertson at 65 Grant Avenue, Albertson, NY, 11507 priced at $725,000 pairs $7,920/mo rent with $3,078/mo cash flow after a $3,549/mo payment. Total monthly income equals $7,920/mo, and annual cash flow comes to $36,937/yr on $238,525 invested. Return on cash invested is 35.55% in year one, and rental yield stands at 13.11% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 187.32% and total cumulative return in cash reaches $446,801. For financing, Ziffy Mortgage’s DSCR program evaluates $7,920/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
4,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11507, Albertson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,571 (100%) |
| Owner Occupied HU | 2,329 (90.6%) |
| Renter Occupied HU | 158 ( 6.1%) |
| Vacant Housing Units | 84 ( 3.3%) |
| Median Home Value | $872,328 |
| Average Home Value | $944,581 |
Housing Distribution
Address Breakdown
Residential
2,457
Single Family
2,394
Multi-Family
63
Businesses
351
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