703 Fresh Pond Ave UNIT 114CalvertonNY11933
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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 Calverton at 703 Fresh Pond Ave UNIT 114, Calverton, NY, 11933 earns $2,278/mo cash flow from $3,360/mo rent with a $793/mo payment. Total monthly income totals $3,360/mo, and annual cash flow totals $27,337/yr on $53,703 capital. ROI tracks 70.81% on current figures, and rental yield reads 24.89% at a $162,000 purchase. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 over five years. Five-year ROI reaches 376.55% and total cumulative return in cash sums $202,217. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Manufactured
Built in 1970
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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