81 Gerard Avenue WMalverneNY11565
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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 Malverne at 81 Gerard Avenue W, Malverne, NY, 11565 generates $3,473/mo in rent, after a $5,041/mo payment. Total monthly income is $3,473/mo. Return on cash invested sits at 8.13% in year one, and rental yield is 4.05% on a $1,029,999 entry. Equity gained on principal adds $6,646/yr, while 5% annual appreciation builds toward $284,570 over five years. Five-year ROI reaches 40.23% and total cumulative return in cash sums $134,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,473/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
6,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11565, Malverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,225 (100%) |
| Owner Occupied HU | 2,953 (91.6%) |
| Renter Occupied HU | 172 ( 5.3%) |
| Vacant Housing Units | 100 ( 3.1%) |
| Median Home Value | $650,534 |
| Average Home Value | $680,976 |
Housing Distribution
Address Breakdown
Residential
3,174
Single Family
3,166
Multi-Family
8
Businesses
230
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