36 Rim LaneHicksvilleNY11801
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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 Hicksville at 36 Rim Lane, Hicksville, NY, 11801 listed at $599,000 pairs $5,356/mo rent with a $2,932/mo payment to leave $1,356/mo cash flow. Total monthly income runs $5,356/mo, and annual cash flow reaches $16,269/yr on $197,071 cash to close. Return on cash invested measures 28.32% in year one, and rental yield registers 10.73% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 148.53% and total cumulative return in cash totals $292,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,356/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
6,600 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
12,324
Single Family
12,043
Multi-Family
281
Businesses
1,783
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $599,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | N/A | N/A | $395 | N/A |
| 2022-02-12 | N/A | N/A | $395 | N/A |
| 2021-02-12 | $5880.07 | 3.95% | N/A | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1948
- Architectural Style: Exp Ranch
- Building Area: 1,400
- Living Area: 1,400 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- Flooring: Carpet, Linoleum
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Formal Dining, Natural Woodwork, Open Kitchen, Walk Through Kitchen
- Exterior Features: Garden, Lighting, Mailbox
- Parking Features: N/A
Location
- City: Hicksville
- State: NY
- Subdivision: N/A
- Lot Size: 6,600 sqft
- Lot Features: Back Yard, Front Yard, Garden, Landscaped, Near Public Transit, Near School, Near Shops, Paved, Private
- View: Neighborhood
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Public Sewer
- Water Source: Private
- Road Surface Type: N/A
School Information
- Elementary School: Dutch Lane School
- Middle School: Hicksville Middle School
- High School: Hicksville High School
What's Special
None
Listed by: Mary M. Macaluso • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #820723
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