762 Buchanan RdEast MeadowNY11554
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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 East Meadow at 762 Buchanan Rd, East Meadow, NY, 11554 uses $253,034 cash to close to unlock $2,945/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $5,381/mo, and a $3,764/mo payment keeps the spread at $245/mo. Purchase price stands at $769,100, and rental yield measures 8.4% with $5,381/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $212,488 over five years. Five-year ROI reaches 110.51% and total cumulative return in cash records $279,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,381/mo property income covering a $3,764/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11554, East Meadow, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,941 (100%) |
| Owner Occupied HU | 10,853 (83.9%) |
| Renter Occupied HU | 1,467 (11.3%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $645,699 |
| Average Home Value | $677,233 |
Housing Distribution
Address Breakdown
Residential
12,559
Single Family
12,287
Multi-Family
272
Businesses
820
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