524 Morey Park Hill RoadNassauNY12123
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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 Nassau at 524 Morey Park Hill Road, Nassau, NY, 12123 generates $1,745/mo in rent and, after a $817/mo payment, leaves $630/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $7,564/yr on $55,327 invested. Return on cash invested sits at 33.58% in year one, and rental yield is 12.55% on a $166,900 entry. Equity gained on principal adds $1,077/yr, while 5% annual appreciation builds toward $46,111 over five years. Five-year ROI reaches 176.85% and total cumulative return in cash sums $97,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12123, Nassau, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,481 (100%) |
| Owner Occupied HU | 1,718 (69.2%) |
| Renter Occupied HU | 523 (21.1%) |
| Vacant Housing Units | 240 ( 9.7%) |
| Median Home Value | $323,819 |
| Average Home Value | $364,566 |
Housing Distribution
Address Breakdown
Residential
1,959
Single Family
1,945
Multi-Family
14
Businesses
86
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Listed by: Tara Schubnel • eXp Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427608
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker