8 Linden StreetSeldenNY11784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selden at 8 Linden Street, Selden, NY, 11784 priced at $579,000 pairs $5,760/mo rent with $1,893/mo cash flow after a $2,834/mo payment. Total monthly income equals $5,760/mo, and annual cash flow comes to $22,721/yr on $190,491 invested. Return on cash invested is 31.99% in year one, and rental yield stands at 11.94% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 168.24% and total cumulative return in cash reaches $320,479. For financing, Ziffy Mortgage’s DSCR program evaluates $5,760/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices