878 County Line RoadAmityvilleNY11701
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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 Amityville at 878 County Line Road, Amityville, NY, 11701 priced at $469,000 pairs $3,408/mo rent with $276/mo cash flow after a $2,296/mo payment. Total monthly income equals $3,408/mo, and annual cash flow comes to $3,307/yr on $155,474 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 8.72% on a $469,000 basis. Equity gained on principal adds $3,026/yr, and 5% annual appreciation accumulates to $129,576 by year five. Five-year ROI measures 114.9% and total cumulative return in cash reaches $178,639. For financing, Ziffy Mortgage’s DSCR program evaluates $3,408/mo property income against a $2,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
8,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11701, Amityville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 6,167 (60.2%) |
| Renter Occupied HU | 3,326 (32.5%) |
| Vacant Housing Units | 746 ( 7.3%) |
| Median Home Value | $587,567 |
| Average Home Value | $654,235 |
Housing Distribution
Address Breakdown
Residential
9,287
Single Family
8,008
Multi-Family
1,279
Businesses
868
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Listed by: Linda N. Lippolt CBR • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #935308