409 Village Circle NManorvilleNY11949
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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 409 Village Circle N, Manorville, NY, 11949 with 5% annual appreciation on a $175,000 basis while $1,348/mo rent supports operations. Total monthly income totals $1,348/mo and a $857/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,147/yr on $58,013 deployed, and return on cash invested reaches 23.61% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.24%. Five-year ROI measures 123.34% and total cumulative return in cash totals $71,551.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,348/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
2,884 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: Ronald D. Armet Jr • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #940205