711 Willis Avenue UNIT 2EWilliston ParkNY11596
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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 Williston Park at 711 Willis Avenue UNIT 2E, Williston Park, NY, 11596 offers a 9.39% rental yield on a $499,000 purchase with $3,905/mo rent. 64% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 103.68% and total cumulative return in cash at $171,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,905/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
9,321 sqft lot
$N/A/sqft
$610 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11596, Williston Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 3,042 (79.8%) |
| Renter Occupied HU | 622 (16.3%) |
| Vacant Housing Units | 147 ( 3.9%) |
| Median Home Value | $807,692 |
| Average Home Value | $857,216 |
Housing Distribution
Address Breakdown
Residential
3,613
Single Family
3,339
Multi-Family
274
Businesses
441
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Listed by: Poran Rezaei • Realty Masters North Shore
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3543822
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