474 Roy StreetWest HempsteadNY11552
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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 West Hempstead at 474 Roy Street, West Hempstead, NY, 11552 priced at $645,000 pairs $5,735/mo rent with $1,428/mo cash flow after a $3,157/mo payment. Total monthly income equals $5,735/mo, and annual cash flow comes to $17,133/yr on $212,205 invested. Return on cash invested is 28.13% in year one, and rental yield stands at 10.67% on a $645,000 basis. Equity gained on principal adds $4,162/yr, and 5% annual appreciation accumulates to $178,202 by year five. Five-year ROI measures 147.56% and total cumulative return in cash reaches $313,120. For financing, Ziffy Mortgage’s DSCR program evaluates $5,735/mo property income against a $3,157/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11552, West Hempstead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,692 (100%) |
| Owner Occupied HU | 6,351 (82.6%) |
| Renter Occupied HU | 1,041 (13.5%) |
| Vacant Housing Units | 300 ( 3.9%) |
| Median Home Value | $650,380 |
| Average Home Value | $684,524 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,190
Multi-Family
157
Businesses
672
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Listed by: Todd A. Yovino • Island Advantage Realty LLC
Mls Name: OneKey MLS
Mls ID: #930467