181 Hot Water StManorvilleNY11949
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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 181 Hot Water St, Manorville, NY, 11949 priced at $599,000 pairs $4,886/mo rent with $886/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,886/mo, and annual cash flow comes to $10,629/yr on $197,071 invested. Return on cash invested is 25.45% in year one, and rental yield stands at 9.79% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 133.19% and total cumulative return in cash reaches $262,474. For financing, Ziffy Mortgage’s DSCR program evaluates $4,886/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.94 Acres 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: Franklin Butz - Real Estate Broker • South Fork Realty
Mls Name: Out East
Mls ID: #391248