55 Lenox Road #2VRockville CentreNY11570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lenox Road #2V, Rockville Centre, NY, 11570 offers $3,617/mo rent that, after a $1,884/mo payment, leaves $1,046/mo cash flow. Total monthly income is $3,617/mo, and annual cash flow is $12,557/yr on $127,628 cash. Return on cash invested measures 29.75% in year one, and rental yield stands at 11.27% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 156.27% and total cumulative return in cash reaches $199,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,617/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1961
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard T. McQuillan SRS • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #931418