55 Grand Avenue #5ARockville CentreNY11570
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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 Rockville Centre at 55 Grand Avenue #5A, Rockville Centre, NY, 11570 generates $2,781/mo in rent and, after a $1,904/mo payment, leaves $183/mo in cash flow. Total monthly income is $2,781/mo, and annual cash flow is $2,199/yr on $128,954 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 8.58% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 112.64% and total cumulative return in cash sums $145,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,781/mo property income rather than buyer’s personal income.
Condo
Built in 1938
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
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Listed by: Ronnie McQuillan • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #947813