7 Hewlett DriveOld WestburyNY11568
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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 Old Westbury at 7 Hewlett Drive, Old Westbury, NY, 11568 with 5% annual appreciation on a $1,998,000 basis while $19,438/mo rent supports operations. Total monthly income totals $19,438/mo and a $9,779/mo payment preserves $6,096/mo for cash returns. Annual cash flow comes to $73,151/yr on $647,352 deployed, and return on cash invested reaches 31.67% in year one. Equity gained on principal adds $12,893/yr, and five-year appreciation sums $552,011 alongside rental yield of 11.67%. Five-year ROI measures 166.46% and total cumulative return in cash totals $1,077,591.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $19,438/mo property income versus a $9,779/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11568, Old Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,123 (100%) |
| Owner Occupied HU | 909 (80.9%) |
| Renter Occupied HU | 93 ( 8.3%) |
| Vacant Housing Units | 121 (10.8%) |
| Median Home Value | $1,832,126 |
| Average Home Value | $1,742,819 |
Housing Distribution
Address Breakdown
Residential
1,066
Single Family
1,066
Multi-Family
0
Businesses
117
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Nearby investment properties with comparable prices
Listed by: Yaosi Yan • Royalux Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3553738
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