400 Plainview RoadHicksvilleNY11801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 400 Plainview Road, Hicksville, NY, 11801 uses $279,650 cash to close to unlock $12,458/yr annual cash flow and $1,038/mo monthly cash flow. Total monthly income runs $6,714/mo, and a $4,160/mo payment keeps the spread at $1,038/mo. Purchase price stands at $849,999, and rental yield measures 9.48% with $6,714/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash records $358,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,714/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,000 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Khalidah Arifee • Property Professionals Realty
Mls Name: OneKey MLS
Mls ID: #951674