195 N Village Avenue #G-2Rockville CentreNY11570
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.15% yield at 195 N Village Avenue #G-2, Rockville Centre, NY, 11570 in Rockville Centre is solid, but the $1,574/mo payment compresses net cash flow to $40/mo at $350,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $96,699 by year five, and $3,224/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $136,003.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $40 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,377 |
| Total Monthly Debt Service | $2,198 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1956
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
Nearby investment properties with comparable rents
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
Condo
Built in 1956
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany J. Balanoff ABR PSA RENE S • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #950072