345 Colonial CircleManorvilleNY11949
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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 Manorville at 345 Colonial Circle, Manorville, NY, 11949 uses $149,175 cash to close to unlock $6,582/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $3,554/mo, and a $2,203/mo payment keeps the spread at $549/mo. Purchase price stands at $450,000, and rental yield measures 9.48% with $3,554/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash records $189,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,554/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1997
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11949, Manorville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,716 (100%) |
| Owner Occupied HU | 4,457 (78.0%) |
| Renter Occupied HU | 1,009 (17.7%) |
| Vacant Housing Units | 250 ( 4.4%) |
| Median Home Value | $602,181 |
| Average Home Value | $597,499 |
Housing Distribution
Address Breakdown
Residential
5,469
Single Family
5,469
Multi-Family
0
Businesses
244
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Listed by: Jorge L. Calvo • Lucky to Live Here Realty
Mls Name: OneKey MLS
Mls ID: #930785