40 Elm Street, Hicksville, NY, 11801 | 7.85% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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40 Elm Street, Hicksville, NY, 11801 | 7.85% Rental Yield | 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

Investment property for sale in Hicksville at 40 Elm Street, Hicksville, NY, 11801 earns from $5,356/mo rent with a $4,009/mo payment. Total monthly income totals $5,356/mo. ROI tracks 19.55% on current figures, and rental yield reads 7.85% at a $819,000 purchase. Equity gained on principal adds $5,285/yr, and 5% annual appreciation supports $226,275 over five years. Five-year ROI reaches 101.55% and total cumulative return in cash sums $273,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,356/mo property income instead of your personal income.

Single Family

Built in 1940

4,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming single-family residence located at 40 Elm Street, in the heart of the vibrant hamlet of Hicksville, NY This classic colonial-style home offers a blend of traditional architecture and modern living conveniences. Key Features ALL NEW APPLIANCES Size & Layout: ~1,218 sq ft of living space with 3 bedrooms and 2 full bathrooms. Lot: Approximately 4,000 sq ft lot size, offering a cozy yard space for outside enjoyment. Parking & Garage: Includes a one-car garage, providing convenient off-street parking. Split level units throughout the home for cooling. Deck in yard for entertaining Construction & Style: Established 1940 colonial with classic proportions and a well maintained exterior. A first-time home buyer seeking a move-in ready home with room to personalize. A downsizer looking for manageable space in a convenient location.

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