236 Springmeadow Drive #LHolbrookNY11741
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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 236 Springmeadow Drive #L, Holbrook, NY, 11741 with 5% annual appreciation on a $424,900 basis while $3,830/mo rent supports operations. Total monthly income totals $3,830/mo and a $2,080/mo payment preserves $992/mo for cash returns. Annual cash flow comes to $11,907/yr on $140,854 deployed, and return on cash invested reaches 28.36% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,392 alongside rental yield of 10.82%. Five-year ROI measures 148.83% and total cumulative return in cash totals $209,637.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,830/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
3,920 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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