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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Massapequa at 90 Commonwealth Ave, Massapequa, NY, 11758 offers $6,522/mo rent that, after a $3,059/mo payment, leaves $2,348/mo cash flow. Total monthly income is $6,522/mo, and annual cash flow is $28,181/yr on $205,625 cash. Return on cash invested measures 33.77% in year one, and rental yield stands at 12.52% at a $624,999 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 177.77% and total cumulative return in cash reaches $365,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,522/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
Date | Event | Price |
|---|---|---|
| 2024-05-29 | Price change | $624,999 |
| 2024-05-03 | Listed for sale | $675,000 |
| 2020-01-19 | Sold | $436,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | N/A | N/A | $374 | -4.59% |
| 2022-08-11 | N/A | N/A | $392 | N/A |
| 2021-08-11 | $10840.69 | 23.02% | N/A | N/A |
What's Special
None
Listed by: Claudia Adamo • Davis Real Estate Group LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3549267
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.
