(Undisclosed Address)Wheatley HeightsNY11798
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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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 Wheatley Heights at (Undisclosed Address), Wheatley Heights, NY, 11798 priced at $485,000 converts $5,875/mo rent into $2,636/mo cash flow after a $2,374/mo obligation. Total monthly income equals $5,875/mo, and annual cash flow totals $31,633/yr on $160,778 invested. Return on cash invested prints 39.58% in year one, and rental yield reads 14.54% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 209.02% and total cumulative return in cash sums $336,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,875/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11798, Wyandanch, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 3,007 (60.3%) |
| Renter Occupied HU | 1,659 (33.3%) |
| Vacant Housing Units | 323 ( 6.5%) |
| Median Home Value | $557,328 |
| Average Home Value | $573,264 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
3,898
Multi-Family
466
Businesses
309
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: John S Molnar • Exit Realty Achieve
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3544438
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