51 Fireplace LaneHicksvilleNY11801
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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 Hicksville at 51 Fireplace Lane, Hicksville, NY, 11801 offers $6,714/mo rent that, after a $3,426/mo payment, leaves $2,040/mo cash flow. Total monthly income is $6,714/mo, and annual cash flow is $24,476/yr on $230,300 cash. Return on cash invested measures 30.69% in year one, and rental yield stands at 11.51% at a $699,999 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 161.25% and total cumulative return in cash reaches $371,367. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,714/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,200 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
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Listed by: Jaswinder Singh • Realty Connect USA LLC
Mls Name: OneKey MLS
Mls ID: #928920