24 Charles Street, Hicksville, NY, 11801 | $37/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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24 Charles Street, Hicksville, NY, 11801 | $37/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hicksville at 24 Charles Street, Hicksville, NY, 11801 priced at $999,999 pairs $6,714/mo rent with $37/mo cash flow after a $4,895/mo payment. Total monthly income equals $6,714/mo, and annual cash flow comes to $440/yr on $329,000 invested. Return on cash invested is 20.19% in year one, and rental yield stands at 8.06% on a $999,999 basis. Equity gained on principal adds $6,453/yr, and 5% annual appreciation accumulates to $276,281 by year five. Five-year ROI measures 104.98% and total cumulative return in cash reaches $345,375. For financing, Ziffy Mortgage’s DSCR program evaluates $6,714/mo property income against a $4,895/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1938

9,480 sqft lot

$N/A/sqft

No HOA

More details about the property

TODAY IS THE DAY THAT WE GIVE YOU A DEAL THAT CAN'T BE BEAT...YOUR DREAM HOME ON CHARLES STREET...ABSOLUTELY GORGEOUS IN AND OUT...6 BEDROOM...3 FULL BATH EXPANDED CAPE ON A HUGE PIECE OF PROPERTY....MAIN PART OF THE HOUSE HAS A LIVING ROOM..FORMAL DINING ROOM..EAT-IN-KITCHEN & 4 BEDROOMS & 2 FULL BATHS...SEPARATE WING OF HOUSE HAS LIVING ROOM...2 BEDROOMS AND A FULL BATH WITH A SEPARATE OUTSIDE ENTRANCE....NEW ROOF...SIDING..WINDOWS...NEW NAVIEN GAS BOILER & GAS INSTANT HOT WATER...200 AMP ELECTRIC WITH ADDITIONAL SUB PANEL...CENTRAL AIR & SPLIT UNITS ARE FOR COOLING & HEATING...STUNNING EAT-IN-KITCHEN WITH QUARTZ COUNTERTOPS & ISLAND...2 FULL BATHS WITH GRANITE...1 FULL BATH WITH QUARTZ...LIGHT AND BRIGHT FULL FINISHED BASEMENT WITH VINYL FLOORING & EGRESS WINDOW ALONG WITH HEAT & AIR....THERE ARE MULTIPLE LOTS HERE AND THE TAXES REFLECT THE TOTAL TAXES FOR THE LOTS....

Neighborhood Data

Neighborhood data shown for ZIP Code: 11801, Hicksville, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,228 (100%)
Owner Occupied HU	10,269 (77.6%)
Renter Occupied HU	2,523 (19.1%)
Vacant Housing Units	436 ( 3.3%)
Median Home Value	$635,721
Average Home Value	$662,052