15 Circle DriveHempsteadNY11550
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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 Hempstead at 15 Circle Drive, Hempstead, NY, 11550 listed at $724,000 pairs $5,640/mo rent with a $3,544/mo payment to leave $805/mo cash flow. Total monthly income runs $5,640/mo, and annual cash flow reaches $9,658/yr on $238,196 cash to close. Return on cash invested measures 24.12% in year one, and rental yield registers 9.35% at a $724,000 basis. Equity gained on principal adds $4,672/yr, and annual property appreciation at 5% supports $200,028 by year five. Five-year ROI tracks 126% and total cumulative return in cash totals $300,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,640/mo property income relative to a $3,544/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11550, Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,971 (100%) |
| Owner Occupied HU | 7,171 (39.9%) |
| Renter Occupied HU | 10,040 (55.9%) |
| Vacant Housing Units | 760 ( 4.2%) |
| Median Home Value | $508,237 |
| Average Home Value | $542,500 |
Housing Distribution
Address Breakdown
Residential
16,249
Single Family
10,416
Multi-Family
5,833
Businesses
1,322
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