82 Jervis Avenue #82FarmingdaleNY11735
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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 Farmingdale at 82 Jervis Avenue #82, Farmingdale, NY, 11735 earns $656/mo cash flow from $2,926/mo rent with a $1,664/mo payment. Total monthly income totals $2,926/mo, and annual cash flow totals $7,868/yr on $112,710 capital. ROI tracks 26.89% on current figures, and rental yield reads 10.33% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 140.92% and total cumulative return in cash sums $158,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,926/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: Nordeen Accardi CBR WCR • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #905656