79 N Cedar StreetMassapequaNY11758
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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
Rental property for sale in Massapequa at 79 N Cedar Street, Massapequa, NY, 11758 priced at $778,000 converts $4,500/mo rent into after a $3,808/mo obligation. Total monthly income equals $4,500/mo. Return on cash invested prints 16.8% in year one, and rental yield reads 6.94% against a $778,000 entry. Equity gained on principal adds $5,020/yr, while 5% annual appreciation compiles into $214,947 by year five. Five-year ROI reaches 86.79% and total cumulative return in cash sums $222,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,500/mo property income covering a $3,808/mo payment, not borrower’s personal income.
Single Family
Built in 1956
5,890 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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Listed by: Robert A. Korber • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #947430