638 Fresh Pond Ave UNIT 339CalvertonNY11933
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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 Calverton at 638 Fresh Pond Ave UNIT 339, Calverton, NY, 11933 generates $2,025/mo in rent and, after a $1,419/mo payment, leaves $89/mo in cash flow. Total monthly income is $2,025/mo, and annual cash flow is $1,066/yr on $96,135 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 8.38% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 109.43% and total cumulative return in cash sums $105,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,025/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11933, Calverton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,032 (100%) |
| Owner Occupied HU | 2,780 (68.9%) |
| Renter Occupied HU | 496 (12.3%) |
| Vacant Housing Units | 756 (18.7%) |
| Median Home Value | $576,840 |
| Average Home Value | $574,431 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
3,092
Multi-Family
0
Businesses
211
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