231 Hill RiseCalvertonNY11933
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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 Calverton at 231 Hill Rise, Calverton, NY, 11933 offers $2,244/mo rent that, after a $1,542/mo payment, leaves $140/mo cash flow. Total monthly income is $2,244/mo, and annual cash flow is $1,683/yr on $104,423 cash. Return on cash invested measures 21.52% in year one, and rental yield stands at 8.55% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 112.16% and total cumulative return in cash reaches $117,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,244/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11933, Calverton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,032 (100%) |
| Owner Occupied HU | 2,780 (68.9%) |
| Renter Occupied HU | 496 (12.3%) |
| Vacant Housing Units | 756 (18.7%) |
| Median Home Value | $576,840 |
| Average Home Value | $574,431 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
3,092
Multi-Family
0
Businesses
211
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