12 Hempstead Avenue #3BRockville 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
Investment property for sale in Rockville Centre at 12 Hempstead Avenue #3B, Rockville Centre, NY, 11570 listed at $329,000 pairs $2,199/mo rent with a $1,610/mo payment to leave $2/mo cash flow. Total monthly income runs $2,199/mo, and annual cash flow reaches $27/yr on $109,064 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 8.02% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 103.64% and total cumulative return in cash totals $113,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,199/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1929
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: Crystin L. Quick SRS • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #849877
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