65 Landscape DriveWheatley HeightsNY11798
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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 Wheatley Heights at 65 Landscape Drive, Wheatley Heights, NY, 11798 priced at $845,000 converts $5,702/mo rent into $59/mo cash flow after a $4,136/mo obligation. Total monthly income equals $5,702/mo, and annual cash flow totals $709/yr on $278,005 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 8.1% against a $845,000 entry. Equity gained on principal adds $5,453/yr, while 5% annual appreciation compiles into $233,458 by year five. Five-year ROI reaches 105.65% and total cumulative return in cash sums $293,700. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,702/mo property income covering a $4,136/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11798, Wyandanch, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 3,007 (60.3%) |
| Renter Occupied HU | 1,659 (33.3%) |
| Vacant Housing Units | 323 ( 6.5%) |
| Median Home Value | $557,328 |
| Average Home Value | $573,264 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
3,898
Multi-Family
466
Businesses
309
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Listed by: Todd A. Yovino • Island Advantage Realty LLC
Mls Name: OneKey MLS
Mls ID: #936401