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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Hyde Park at 1006 New Hyde Park Road, New Hyde Park, NY, 11040 priced at $849,000 converts $6,720/mo rent into $1,051/mo cash flow after a $4,155/mo obligation. Total monthly income equals $6,720/mo, and annual cash flow totals $12,611/yr on $279,321 invested. Return on cash invested prints 24.58% in year one, and rental yield reads 9.5% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 128.47% and total cumulative return in cash sums $358,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,720/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | N/A | N/A | $609 | N/A |
| 2022-04-10 | N/A | N/A | $609 | N/A |
| 2021-04-10 | $5136.03 | 3.20% | N/A | N/A |
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Listed by: Hemant Shah • LAFFEY REAL ESTATE
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #846800
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
