5188 Village Circle EManorvilleNY11949
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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 5188 Village Circle E, Manorville, NY, 11949 offers a 8.23% rental yield on a $239,990 purchase with $1,646/mo rent. Total monthly income registers $1,646/mo, and a $1,175/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $516/yr on $79,557 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,305 over five years. Portfolio math shows five-year ROI at 107.03% and total cumulative return in cash at $85,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,646/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
6,146 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: Christine Hodulick • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #894558