230 Martha Hicks RoadEast NassauNY12062
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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 East Nassau at 230 Martha Hicks Road, East Nassau, NY, 12062 priced at $575,000 pairs $3,186/mo rent with after a $2,814/mo payment. Total monthly income equals $3,186/mo. Return on cash invested is 15.92% in year one, and rental yield stands at 6.65% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 82.04% and total cumulative return in cash reaches $155,207. For financing, Ziffy Mortgage’s DSCR program evaluates $3,186/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
44.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12062, East Nassau, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 914 (100%) |
| Owner Occupied HU | 626 (68.5%) |
| Renter Occupied HU | 167 (18.3%) |
| Vacant Housing Units | 121 (13.2%) |
| Median Home Value | $306,533 |
| Average Home Value | $327,588 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
16
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Listed by: Jennifer Wall • Anderson Agency
Mls Name: HVCRMLS
Mls ID: #154114