4 S Forrest Avenue #BRockville CentreNY11570
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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 Rockville Centre at 4 S Forrest Avenue #B, Rockville Centre, NY, 11570 with 5% annual appreciation on a $315,000 basis while $2,131/mo rent supports operations. Total monthly income totals $2,131/mo and a $1,542/mo payment preserves $27/mo for cash returns. Annual cash flow comes to $327/yr on $104,423 deployed, and return on cash invested reaches 20.22% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.12%. Five-year ROI measures 105.2% and total cumulative return in cash totals $109,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,131/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
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Listed by: Richard R. Krug Jr PSA • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #892184