915 MidwayWoodmereNY11598
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
Rental property for sale in Woodmere at 915 Midway, Woodmere, NY, 11598 offers $4,597/mo rent that, after a $5,844/mo payment. Total monthly income is $4,597/mo. Return on cash invested measures 9.9% in year one, and rental yield stands at 4.62% at a $1,194,000 entry. Equity gained on principal adds $7,705/yr while 5% annual appreciation compounds into $329,880 by year five. Five-year ROI records 49.71% and total cumulative return in cash reaches $192,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,597/mo property income versus a $5,844/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11598, Woodmere, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,273 (100%) |
| Owner Occupied HU | 3,590 (84.0%) |
| Renter Occupied HU | 474 (11.1%) |
| Vacant Housing Units | 209 ( 4.9%) |
| Median Home Value | $975,543 |
| Average Home Value | $1,120,117 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
3,738
Multi-Family
461
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Stella Shalamova • Exit Realty First Choice
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #815458
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