62 Vincent RoadHicksvilleNY11801
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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 Hicksville at 62 Vincent Road, Hicksville, NY, 11801 with 5% annual appreciation on a $849,888 basis while $6,714/mo rent supports operations. Total monthly income totals $6,714/mo and a $4,160/mo payment preserves $1,038/mo for cash returns. Annual cash flow comes to $12,460/yr on $279,613 deployed, and return on cash invested reaches 24.52% in year one. Equity gained on principal adds $5,484/yr, and five-year appreciation sums $234,808 alongside rental yield of 9.48%. Five-year ROI measures 128.17% and total cumulative return in cash totals $358,366.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,714/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
5,150 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: Raj K. Jaggi • Voro LLC
Mls Name: OneKey MLS
Mls ID: #903358