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600 Broadway Unit E3
B- Composite 69.4
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Condition / age +3.8/5.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Schools +2.4/10.0
  • Appreciation +0.0/10.0

$129,000

600 Broadway Unit E3 · North Amityville, NY 11701
1 bd · 1.0 ba · 500 sqft · Manufactured · 35 Days on market
Built 1970 Good condition

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Fully renovated 1 bedroom, 1 bathroom mobile home offering modern finishes and comfortable living. This move-in ready home features an updated kitchen, stylish flooring, renovated bathroom, and a bright, open layout perfect for easy living. A fresh, modern feel.

Key facts

  • Renovated bathroom
  • Open layout
  • Updated kitchen

Tags

UPDATED KITCHENRENOVATED BATHROOMOPEN LAYOUT

Property features AI

Finance

  • Financial info: Tax year 2026

Exterior

  • Parking: Parking lot (no carport)
  • Utilities: Public sewer; Electricity available
  • Home design: Mobile home
  • Construction: Other construction materials; Other foundation details
  • Exterior features: Non-waterfront; Additional parcel(s) included

Interior

  • Kitchen: Appliances: Other
  • Bedrooms: First-floor bedroom included
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Electric heating; Wall/window air conditioning units
  • Interior features: First-floor bedroom; One-level layout; 3 total rooms
  • Laundry & utility: No basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath manufactured listed at $129k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $129k).
  • Recommended offer: $125k (3.0% below list) — sets the bar for market timing.
  • Cap rate 16.4% vs local median 3.8% in North Amityville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 64/100 on livability (#770 in NY) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, commute B; Watch: crime C-, amenities F, cost of living F.
  • Amityville Union Free School District (suburban): math 23% / reading 28% proficiency, ranked #579 of 590 in NY (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Northeast School (124 students, 23% FRL); Edmund W Miles Middle School (math 10% / reading 30%, grade F, #666 of 729 statewide, top 93%, 599 students, 75% FRL); Amityville Memorial High School (math 68% / reading 34%, grade D+, #969 of 1,100 statewide, top 88%, 968 students, 70% FRL).
  • Market conditions: 123 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,366 units permitted in Suffolk County in 2024 (216 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 35 days — a 3% lower offer ($125k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 59% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $125,130 (3.0% below list)

Questions for the listing agent

  1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.94%
Cap rate
16.42%
Cash-on-cash
36.15%
DSCR
2.61
GRM
4.3

CMA / ARV

ARV (on-the-fly)
$80,000
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
600 Broadway Unit D-9 0.00mi 2/1.0 (+1) 480 (-4%) 13mo $77,000 $160 78

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
31.9%
Equity multiple
2.34×
Total profit
$48,440
Equity at exit
$19,234
10-year hold
IRR
39.0%
Equity multiple
4.64×
Total profit
$131,576
Equity at exit
$11,154

Cash invested: $36,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
15 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City
— inherits STATE
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

ZIP-level market 11701

Active inventory
123
Price-to-rent
4.3×

Monthly cashflow live

Estimated rent
$2,506 high interval (Pro) →
Mortgage (P&I)
$676
Tax est. 1.5%
$161 /mo · $1,935/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$526
Net cashflow
$1,088

Break-even live

Break-even rent $1,128
Max offer price $129,000
Occupancy floor 52%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$32,250
Closing costs
$3,870
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
366 Broadway Amityville, NY 3.0 1.0–2.5 1354 $3,440 $2.54 1d 1 0.69mi
25 Brefni St Amityville, NY 1.0 1.0 752 $2,952 $3.93 1d 9 0.80mi
97 W Oak St Apt 7 Amityville, NY 1.0 1.5 732 $2,995 $4.09 43d 1 1.04mi
216 Broadway Unit 2 Amityville, NY 1.0 1.0 500 $2,450 $4.90 24d 1 1.05mi
110 Cedar Rd Amityville, NY 1.0 1.0 585 $2,115 $3.62 1d 7 1.26mi
82 Park Ave Apt 4 Amityville, NY 1.0 1.0 484 $2,710 $5.60 22d 1 1.38mi
800 Cassata Dr Copiague, NY 1.0–2.0 1.0 846 $2,395 $2.83 1d 7 1.40mi
10 Leanore Dr Farmingdale, NY 1.0 1.0 493 $2,100 $4.26 12d 1 1.48mi

Listing history 15 events

  1. 2026-06-18
    days on market $129,000 Active 35 DOM
  2. 2026-06-17
    days on market $129,000 Active 34 DOM
  3. 2026-06-16
    days on market $129,000 Active 33 DOM
  4. 2026-06-15
    days on market $129,000 Active 32 DOM
  5. 2026-06-13
    days on market $129,000 Active 30 DOM
  6. 2026-06-13
    days on market $129,000 Active 29 DOM
  7. 2026-06-09
    days on market $129,000 Active 26 DOM
  8. 2026-06-08
    days on market $129,000 Active 25 DOM
  9. 2026-06-07
    days on market $129,000 Active 24 DOM
  10. 2026-06-04
    days on market $129,000 Active 21 DOM
  11. 2026-06-03
    days on market $129,000 Active 20 DOM
  12. 2026-06-02
    days on market $129,000 Active 19 DOM
  13. 2026-06-01
    days on market $129,000 Active 18 DOM
  14. 2026-05-31
    days on market $129,000 Active 17 DOM
  15. 2026-05-08
    listed $129,000 Active 262-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 59% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$30,071
− Mortgage interest
−$7,226
− Property taxes
−$1,935
− Insurance
−$645
− Repairs & maintenance
−$2,406
− Management
−$2,406
− Depreciation
−$3,753
Taxable income
$11,701
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,808
After-tax cash flow
$10,250/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 6 photos

Good 75/100 Cosmetic rehab

This fully renovated mobile home is move-in ready with modern finishes and a bright, open layout. It offers a good condition score and is ready for a fresh paint job and minor interior updates to maximize its value.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Reorganizing interior layout for better flow — Improves functionality and visual appeal
  • Resale Upgrading kitchen appliances — Modernizes the space and adds value
  • Resale Upgrading bathroom fixtures — Enhances the bathroom's functionality and appearance

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Reorganizing interior layout for better flow — Improves functionality and visual appeal
  • Resale Upgrading kitchen appliances — Modernizes the space and adds value
  • Resale Upgrading bathroom fixtures — Enhances the bathroom's functionality and appearance

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Amityville Union Free School District
NCES district ID
3602940
Math proficiency
23% ▼ -12.00%
Reading proficiency
28% ▼ -14.00%
Median HH income
$70,995
Composite
24.47/100
National rank
#7663
State rank
#579 of 590 in NY

Livability — North Amityville

Score
64/100
State rank
#770
US rank
#14746

Category grades

Amenities F Commute B Cost of living F Crime C- Employment A+ Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Amityville, NY
County
Suffolk County · 679,920 people
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
29,509
Household income
$117,033
Rent vs Own
29.2% rent · 70.8% own
Severe rent burden
959.0

Population outlook (Suffolk County) Hauer SSP2

Today (2025)
1,505,262 people
By 2030
1,498,318 · -0.5%
By 2040
1,471,101 · -2.3%
By 2050
1,424,848 · -5.3%
By 2075
1,337,157 · -11.2%
By 2100
1,217,720 · -19.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.70)
Race & ethnicity
White 37% Black 28% Hispanic / Latino 28% Two or more races 12% Asian 2%
Hispanic origin (detail)
Puerto Rican 2% Dominican 3%
Common ancestry
Hispanic 4% Romanian 2% Slovak 1%
Foreign-born
24% · Canada, Jamaica, China
Languages at home
71% English-only · Spanish 20% French/Haitian/Cajun 3% Other Indo-European 3%

Political lean MEDSL · Suffolk

2024 margin
Lean R (+10.0) · D 45.0% · R 55.0%
2008→2024 swing
-16.0pp toward R · 2008: 6.0pp · 2024: -10.0pp
All cycles
2024: R+10.0 2020: R+0.0 2016: R+8.2 2012: D+2.9 2008: D+6.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -345.15%
Current HPI
306.4465
Rent YoY
Metro
New York-Newark-Jersey City, NY-NJ-PA
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-08 Listed $129,000 OneKey® MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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