2 Prose StHicksvilleNY11801
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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 2 Prose St, Hicksville, NY, 11801 uses $167,461 cash to close to unlock $31,287/yr annual cash flow and $2,607/mo monthly cash flow. Total monthly income runs $6,006/mo, and a $2,491/mo payment keeps the spread at $2,607/mo. Purchase price stands at $509,000, and rental yield measures 14.16% with $6,006/mo rent. Return on cash invested shows 38.74% in year one, and 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 204.47% and total cumulative return in cash records $342,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,006/mo property income covering a $2,491/mo payment rather than investor’s personal income.
Single Family
Built in 1964
5,998 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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