18 Vassar LaneHicksvilleNY11801
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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 Hicksville at 18 Vassar Lane, Hicksville, NY, 11801 listed at $729,000 pairs $5,356/mo rent with a $3,568/mo payment to leave $488/mo cash flow. Total monthly income runs $5,356/mo, and annual cash flow reaches $5,855/yr on $239,841 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.82% at a $729,000 basis. Equity gained on principal adds $4,704/yr, and annual property appreciation at 5% supports $201,409 by year five. Five-year ROI tracks 117.34% and total cumulative return in cash totals $281,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,356/mo property income relative to a $3,568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11801, Hicksville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 10,269 (77.6%) |
| Renter Occupied HU | 2,523 (19.1%) |
| Vacant Housing Units | 436 ( 3.3%) |
| Median Home Value | $635,721 |
| Average Home Value | $662,052 |
Housing Distribution
Address Breakdown
Residential
12,324
Single Family
12,043
Multi-Family
281
Businesses
1,783
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Listed by: John Esturo SRES • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #955907