204 Springmeadow Drive #NHolbrookNY11741
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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 Holbrook at 204 Springmeadow Drive #N, Holbrook, NY, 11741 listed at $500,000 pairs $3,936/mo rent with a $2,447/mo payment to leave $597/mo cash flow. Total monthly income runs $3,936/mo, and annual cash flow reaches $7,168/yr on $165,750 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.45% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 126.69% and total cumulative return in cash totals $209,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,936/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11741, Holbrook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,802 (100%) |
| Owner Occupied HU | 7,235 (73.8%) |
| Renter Occupied HU | 2,219 (22.6%) |
| Vacant Housing Units | 348 ( 3.6%) |
| Median Home Value | $595,690 |
| Average Home Value | $642,777 |
Housing Distribution
Address Breakdown
Residential
9,504
Single Family
9,504
Multi-Family
0
Businesses
942
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