2 Herter PlaceDix HillsNY11746
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
Investment Highlights
Rental property for sale in Dix Hills at 2 Herter Place, Dix Hills, NY, 11746 offers $7,560/mo rent that, after a $3,911/mo payment, leaves $2,224/mo cash flow. Total monthly income is $7,560/mo, and annual cash flow is $26,689/yr on $262,871 cash. Return on cash invested measures 30.21% in year one, and rental yield stands at 11.35% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 158.72% and total cumulative return in cash reaches $417,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,560/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11746, Huntington Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,393 (100%) |
| Owner Occupied HU | 17,511 (78.2%) |
| Renter Occupied HU | 3,927 (17.5%) |
| Vacant Housing Units | 955 ( 4.3%) |
| Median Home Value | $710,328 |
| Average Home Value | $770,182 |
Housing Distribution
Address Breakdown
Residential
20,290
Single Family
19,732
Multi-Family
558
Businesses
1,537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices