43 Hitherdell LaneNorth BabylonNY11703
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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
Rental property for sale in North Babylon at 43 Hitherdell Lane, North Babylon, NY, 11703 priced at $499,999 pairs $4,800/mo rent with $1,461/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,800/mo, and annual cash flow comes to $17,536/yr on $165,750 invested. Return on cash invested is 30.49% in year one, and rental yield stands at 11.52% on a $499,999 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 160.23% and total cumulative return in cash reaches $265,579. For financing, Ziffy Mortgage’s DSCR program evaluates $4,800/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11703, North Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,998 (100%) |
| Owner Occupied HU | 4,813 (80.2%) |
| Renter Occupied HU | 985 (16.4%) |
| Vacant Housing Units | 200 ( 3.3%) |
| Median Home Value | $554,797 |
| Average Home Value | $642,297 |
Housing Distribution
Address Breakdown
Residential
5,640
Single Family
5,640
Multi-Family
0
Businesses
357
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Listed by: Gina Valsamos • Exit Realty Edge
Mls Name: OneKey MLS
Mls ID: #903560