164 Village Circle WManorvilleNY11949
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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 Manorville at 164 Village Circle W, Manorville, NY, 11949 generates $1,281/mo in rent and, after a $808/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,281/mo, and annual cash flow is $2,145/yr on $54,697 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.32% on a $164,997 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.52% and total cumulative return in cash sums $68,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,281/mo property income rather than buyer’s personal income.
Condo
Built in 1987
2,462 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11949, Manorville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,716 (100%) |
| Owner Occupied HU | 4,457 (78.0%) |
| Renter Occupied HU | 1,009 (17.7%) |
| Vacant Housing Units | 250 ( 4.4%) |
| Median Home Value | $602,181 |
| Average Home Value | $597,499 |
Housing Distribution
Address Breakdown
Residential
5,469
Single Family
5,469
Multi-Family
0
Businesses
244
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Listed by: Geri M. Monzillo • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #946958