895 Cherrry LaneValley StreamNY11581
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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 Valley Stream at 895 Cherrry Lane, Valley Stream, NY, 11581 priced at $1,199,999 converts $4,330/mo rent into after a $5,873/mo obligation. Total monthly income equals $4,330/mo. Return on cash invested prints 9% in year one, and rental yield reads 4.33% against a $1,199,999 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 44.91% and total cumulative return in cash sums $174,611. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,330/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,343 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11581, Valley Stream, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,733 (77.5%) |
| Renter Occupied HU | 1,376 (18.6%) |
| Vacant Housing Units | 290 ( 3.9%) |
| Median Home Value | $674,550 |
| Average Home Value | $721,676 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,561
Multi-Family
542
Businesses
455
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Listed by: Richard Baumel • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #939991