66 Locust DriveKings ParkNY11754
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 Kings Park at 66 Locust Drive, Kings Park, NY, 11754 generates $4,020/mo in rent and, after a $2,885/mo payment, leaves $84/mo in cash flow. Total monthly income is $4,020/mo, and annual cash flow is $1,006/yr on $193,933 invested. Return on cash invested sits at 20.58% in year one, and rental yield is 8.18% on a $589,462 entry. Equity gained on principal adds $3,804/yr, while 5% annual appreciation builds toward $162,857 over five years. Five-year ROI reaches 107.04% and total cumulative return in cash sums $207,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11754, Kings Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 5,545 (79.2%) |
| Renter Occupied HU | 1,165 (16.6%) |
| Vacant Housing Units | 288 ( 4.1%) |
| Median Home Value | $628,928 |
| Average Home Value | $657,053 |
Housing Distribution
Address Breakdown
Residential
6,601
Single Family
6,103
Multi-Family
498
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Goren C2EX • Exit Realty Island Elite
Mls Name: OneKey MLS
Mls ID: #939429