117 Hill SpurCalvertonNY11933
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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 Calverton at 117 Hill Spur, Calverton, NY, 11933 priced at $399,000 pairs $2,873/mo rent with $208/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,873/mo, and annual cash flow comes to $2,501/yr on $132,269 invested. Return on cash invested is 21.8% in year one, and rental yield stands at 8.64% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 113.64% and total cumulative return in cash reaches $150,314. For financing, Ziffy Mortgage’s DSCR program evaluates $2,873/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1970
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11933, Calverton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,032 (100%) |
| Owner Occupied HU | 2,780 (68.9%) |
| Renter Occupied HU | 496 (12.3%) |
| Vacant Housing Units | 756 (18.7%) |
| Median Home Value | $576,840 |
| Average Home Value | $574,431 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
3,092
Multi-Family
0
Businesses
211
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