8 Dogwood Court #8SeldenNY11784
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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 Selden at 8 Dogwood Court #8, Selden, NY, 11784 with 5% annual appreciation on a $245,000 basis while $1,664/mo rent supports operations. Total monthly income totals $1,664/mo and a $1,199/mo payment preserves $28/mo for cash returns. Annual cash flow comes to $337/yr on $81,218 deployed, and return on cash invested reaches 20.32% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 8.15%. Five-year ROI measures 105.76% and total cumulative return in cash totals $85,896.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,664/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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