62 Spruce StHicksvilleNY11801
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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 62 Spruce St, Hicksville, NY, 11801 priced at $800,000 pairs $4,920/mo rent with after a $3,916/mo payment. Total monthly income equals $4,920/mo. Return on cash invested is 18.13% in year one, and rental yield stands at 7.38% on a $800,000 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 93.94% and total cumulative return in cash reaches $247,244. For financing, Ziffy Mortgage’s DSCR program evaluates $4,920/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
9,000 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: N/A • N/A
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