883 McKenna AvenueBaldwinNY11510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Baldwin at 883 McKenna Avenue, Baldwin, NY, 11510 offers a 3.72% rental yield on a $987,000 purchase with $3,060/mo rent. 01% in year one. Equity gained on principal adds $6,369/yr while 5% annual appreciation supports $272,690 over five years. Portfolio math shows five-year ROI at 34.28% and total cumulative return in cash at $111,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $4,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices