70 Nichols RdNesconsetNY11767
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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 Nesconset at 70 Nichols Rd, Nesconset, NY, 11767 with 5% annual appreciation on a $770,900 basis while $5,842/mo rent supports operations. Total monthly income totals $5,842/mo and a $3,773/mo payment preserves $694/mo for cash returns. Annual cash flow comes to $8,331/yr on $253,626 deployed, and return on cash invested reaches 23.34% in year one. Equity gained on principal adds $4,975/yr, and five-year appreciation sums $212,985 alongside rental yield of 9.09%. Five-year ROI measures 121.89% and total cumulative return in cash totals $309,135.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,842/mo property income versus a $3,773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11767, Nesconset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,992 (100%) |
| Owner Occupied HU | 4,230 (84.7%) |
| Renter Occupied HU | 606 (12.1%) |
| Vacant Housing Units | 156 ( 3.1%) |
| Median Home Value | $646,603 |
| Average Home Value | $679,551 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
405
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