79A Old BroadwayNew Hyde ParkNY11040
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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 New Hyde Park at 79A Old Broadway, New Hyde Park, NY, 11040 priced at $730,000 pairs $5,512/mo rent with $637/mo cash flow after a $3,573/mo payment. Total monthly income equals $5,512/mo, and annual cash flow comes to $7,646/yr on $240,170 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 9.06% on a $730,000 basis. Equity gained on principal adds $4,711/yr, and 5% annual appreciation accumulates to $201,686 by year five. Five-year ROI measures 121.35% and total cumulative return in cash reaches $291,446. For financing, Ziffy Mortgage’s DSCR program evaluates $5,512/mo property income against a $3,573/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
2,500 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-21 | Listed for sale | $730,000 |
| 2021-03-22 | Listing removed | N/A |
| 2021-01-12 | Listed for sale | $595,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1963
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Baseboard
- Cooling: Wall/Window Unit(s)
- Flooring: Hardwood
- Interior Features: Eat-in Kitchen, Entrance Foyer, Granite Counters
- Exterior Features: N/A
- Parking Features: Private, Attached
Location
- City: New Hyde Park
- State: NY
- Subdivision: N/A
- Lot Size: 2,500 sqft
- Lot Features: Near Public Transit, Near School, Near Shops
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Park
- Association Fee Includes: N/A
Utilities
- Utilities: Trash Collection Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: Contact Agent
- High School: Contact Agent
What's Special
Scuttle
Listed by: George Herrera • Keller Williams Landmark II
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3592399
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.