690 Park LaneValley StreamNY11581
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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
Investment property for sale in Valley Stream at 690 Park Lane, Valley Stream, NY, 11581 offers a 3.66% rental yield on a $1,650,000 purchase with $5,033/mo rent. 93% in year one. Equity gained on principal adds $10,647/yr while 5% annual appreciation supports $455,865 over five years. Portfolio math shows five-year ROI at 33.82% and total cumulative return in cash at $180,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,033/mo property income against a $8,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11581, Valley Stream, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,733 (77.5%) |
| Renter Occupied HU | 1,376 (18.6%) |
| Vacant Housing Units | 290 ( 3.9%) |
| Median Home Value | $674,550 |
| Average Home Value | $721,676 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,561
Multi-Family
542
Businesses
455
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Listed by: Moria N. Sokol • Keller WIlliams Realty Liberty
Mls Name: OneKey MLS
Mls ID: #909595