915 Malba DriveMalbaNY11357
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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 Malba at 915 Malba Drive, Malba, NY, 11357 offers $6,305/mo rent that, after a $8,805/mo payment. Total monthly income is $6,305/mo. Return on cash invested measures 8.62% in year one, and rental yield stands at 4.21% at a $1,799,000 entry. Equity gained on principal adds $11,609/yr while 5% annual appreciation compounds into $497,031 by year five. Five-year ROI records 42.85% and total cumulative return in cash reaches $249,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,305/mo property income versus a $8,805/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
7,606 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11357, Whitestone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 10,869 (67.1%) |
| Renter Occupied HU | 4,406 (27.2%) |
| Vacant Housing Units | 912 ( 5.6%) |
| Median Home Value | $933,533 |
| Average Home Value | $975,786 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
11,455
Multi-Family
2,152
Businesses
845
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