8343 246th StBelleroseNY11426
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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
Total monthly income runs $4,132/mo, and a $4,704/mo payment. Purchase price stands at $961,000, and rental yield measures 5.16% with $4,132/mo rent. Return on cash invested shows 11.38% in year one, and 5% annual appreciation builds toward $265,507 over five years. Five-year ROI reaches 57.75% and total cumulative return in cash records $182,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,132/mo property income covering a $4,704/mo payment rather than investor’s personal income.
Single Family
Built in 1950
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11426, Bellerose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,974 (100%) |
| Owner Occupied HU | 4,539 (65.1%) |
| Renter Occupied HU | 2,100 (30.1%) |
| Vacant Housing Units | 335 ( 4.8%) |
| Median Home Value | $710,148 |
| Average Home Value | $714,591 |
Housing Distribution
Address Breakdown
Residential
5,517
Single Family
5,235
Multi-Family
282
Businesses
290
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