1024 MahopacWest HempsteadNY11552
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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
Investment property for sale in West Hempstead at 1024 Mahopac, West Hempstead, NY, 11552 earns $892/mo cash flow from $5,700/mo rent with a $3,524/mo payment. Total monthly income totals $5,700/mo, and annual cash flow totals $10,704/yr on $236,880 capital. ROI tracks 24.58% on current figures, and rental yield reads 9.5% at a $720,000 purchase. Equity gained on principal adds $4,646/yr, and 5% annual appreciation supports $198,923 over five years. Five-year ROI reaches 128.49% and total cumulative return in cash sums $304,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,700/mo property income instead of your personal income.
Single Family
Built in 1957
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11552, West Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,692 (100%) |
| Owner Occupied HU | 6,351 (82.6%) |
| Renter Occupied HU | 1,041 (13.5%) |
| Vacant Housing Units | 300 ( 3.9%) |
| Median Home Value | $650,380 |
| Average Home Value | $684,524 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,190
Multi-Family
157
Businesses
672
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Listed by: Encarnacion Savory E-PRO • Voro LLC
Mls Name: OneKey MLS
Mls ID: #923198