695 Bruce Dr. DriveWantaghNY11793
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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 Wantagh at 695 Bruce Dr. Drive, Wantagh, NY, 11793 offers a 8.38% rental yield on a $709,930 purchase with $4,956/mo rent. Total monthly income registers $4,956/mo, and a $3,475/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,579/yr on $233,567 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $4,581/yr while 5% annual appreciation supports $196,141 over five years. Portfolio math shows five-year ROI at 110.18% and total cumulative return in cash at $257,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,956/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11793, Wantagh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,991 (100%) |
| Owner Occupied HU | 9,873 (89.8%) |
| Renter Occupied HU | 801 ( 7.3%) |
| Vacant Housing Units | 317 ( 2.9%) |
| Median Home Value | $661,408 |
| Average Home Value | $714,075 |
Housing Distribution
Address Breakdown
Residential
10,619
Single Family
10,471
Multi-Family
148
Businesses
735
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