200 Hilton Avenue #55HempsteadNY11550
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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 Hempstead at 200 Hilton Avenue #55, Hempstead, NY, 11550 generates $3,421/mo in rent and, after a $1,757/mo payment, leaves $1,024/mo in cash flow. Total monthly income is $3,421/mo, and annual cash flow is $12,285/yr on $119,009 invested. Return on cash invested sits at 30.23% in year one, and rental yield is 11.44% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 158.85% and total cumulative return in cash sums $189,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,421/mo property income rather than buyer’s personal income.
Condo
Built in 1981
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11550, Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,971 (100%) |
| Owner Occupied HU | 7,171 (39.9%) |
| Renter Occupied HU | 10,040 (55.9%) |
| Vacant Housing Units | 760 ( 4.2%) |
| Median Home Value | $508,237 |
| Average Home Value | $542,500 |
Housing Distribution
Address Breakdown
Residential
16,249
Single Family
10,416
Multi-Family
5,833
Businesses
1,322
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