69 Warwick DriveMassapequaNY11758
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
Investment property for sale in Massapequa at 69 Warwick Drive, Massapequa, NY, 11758 with 5% annual appreciation on a $699,999 basis while $4,013/mo rent supports operations. 61% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 6.88%. Five-year ROI measures 85.78% and total cumulative return in cash totals $197,559. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,013/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2008
16.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George D. Scarpias • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #897283