162 Hoags Corners RoadEast NassauNY12062
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Nearby investment properties with comparable prices
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 162 Hoags Corners Road, East Nassau, NY, 12062 offers $2,152/mo rent that, after a $1,170/mo payment, leaves $556/mo cash flow. Total monthly income is $2,152/mo, and annual cash flow is $6,669/yr on $79,229 cash. Return on cash invested measures 28.33% in year one, and rental yield stands at 10.81% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 148.61% and total cumulative return in cash reaches $117,744. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,152/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
2.11 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: #202529404