161 Hoags Corners RoadEast NassauNY12062
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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 East Nassau at 161 Hoags Corners Road, East Nassau, NY, 12062 generates $2,507/mo in rent and, after a $1,366/mo payment, leaves $643/mo in cash flow. Total monthly income is $2,507/mo, and annual cash flow is $7,721/yr on $92,489 invested. Return on cash invested sits at 28.26% in year one, and rental yield is 10.78% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 148.29% and total cumulative return in cash sums $137,155. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12062, East Nassau, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 914 (100%) |
| Owner Occupied HU | 626 (68.5%) |
| Renter Occupied HU | 167 (18.3%) |
| Vacant Housing Units | 121 (13.2%) |
| Median Home Value | $306,533 |
| Average Home Value | $327,588 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
16
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Listed by: Emily Dessingue • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202530184