12 Hempstead Avenue #1GRockville CentreNY11570
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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 Rockville Centre at 12 Hempstead Avenue #1G, Rockville Centre, NY, 11570 priced at $215,000 pairs $1,546/mo rent with $111/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,546/mo, and annual cash flow comes to $1,327/yr on $71,273 invested. Return on cash invested is 21.77% in year one, and rental yield stands at 8.63% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 113.48% and total cumulative return in cash reaches $80,881. For financing, Ziffy Mortgage’s DSCR program evaluates $1,546/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
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Listed by: Rosemary Talkin SRS • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #877223