8 Cedar PlaceKings ParkNY11754
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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 Kings Park at 8 Cedar Place, Kings Park, NY, 11754 at $882,000 posts ROI 18.03% with from $5,400/mo rent. Total monthly income equals $5,400/mo. Return on cash invested measures 18.03% and rental yield reads 7.35% at the current $882,000. Equity gained on principal adds $5,691/yr, and 5% annual appreciation supports $243,680 by year five. Five-year ROI prints 93.41% and total cumulative return in cash totals $271,068. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11754, Kings Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 5,545 (79.2%) |
| Renter Occupied HU | 1,165 (16.6%) |
| Vacant Housing Units | 288 ( 4.1%) |
| Median Home Value | $628,928 |
| Average Home Value | $657,053 |
Housing Distribution
Address Breakdown
Residential
6,601
Single Family
6,103
Multi-Family
498
Businesses
459
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Listed by: Scott Schoen • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #893893