841 Woodfield RdWest HempsteadNY11552
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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 West Hempstead at 841 Woodfield Rd, West Hempstead, NY, 11552 priced at $375,000 pairs $2,572/mo rent with $68/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,572/mo, and annual cash flow comes to $819/yr on $124,313 invested. Return on cash invested is 20.57% in year one, and rental yield stands at 8.23% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 107.04% and total cumulative return in cash reaches $133,059. For financing, Ziffy Mortgage’s DSCR program evaluates $2,572/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11552, West Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,692 (100%) |
| Owner Occupied HU | 6,351 (82.6%) |
| Renter Occupied HU | 1,041 (13.5%) |
| Vacant Housing Units | 300 ( 3.9%) |
| Median Home Value | $650,380 |
| Average Home Value | $684,524 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,190
Multi-Family
157
Businesses
672
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Listed by: Ray Allen • STONE PROPERTIES & MANAGEMENT INC
Mls Name: NY State MLS
Mls ID: #11221597