120 Morris Avenue #B5Rockville 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 120 Morris Avenue #B5, Rockville Centre, NY, 11570 earns $812/mo cash flow from $4,144/mo rent with a $2,442/mo payment. Total monthly income totals $4,144/mo, and annual cash flow totals $9,745/yr on $165,419 capital. ROI tracks 25.8% on current figures, and rental yield reads 9.97% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 135.09% and total cumulative return in cash sums $223,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,144/mo property income instead of your personal income.
Condo
Built in 1958
1.41 Acres 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: Perry Pappas • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #927837