92 Amherst StGarden CityNY11530
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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 Garden City at 92 Amherst St, Garden City, NY, 11530 priced at $1,895,000 pairs $8,568/mo rent with after a $9,275/mo payment. Total monthly income equals $8,568/mo. Return on cash invested is 12.38% in year one, and rental yield stands at 5.43% on a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and 5% annual appreciation accumulates to $523,554 by year five. Five-year ROI measures 63.04% and total cumulative return in cash reaches $387,053. For financing, Ziffy Mortgage’s DSCR program evaluates $8,568/mo property income against a $9,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
9,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11530, Garden City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 8,533 (85.9%) |
| Renter Occupied HU | 981 ( 9.9%) |
| Vacant Housing Units | 423 ( 4.3%) |
| Median Home Value | $962,312 |
| Average Home Value | $1,087,331 |
Housing Distribution
Address Breakdown
Residential
9,698
Single Family
8,487
Multi-Family
1,211
Businesses
2,190
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Listed by: Sara Biordi • EAST COAST NEW YORK
Mls Name: NY State MLS
Mls ID: #11617566