703 Fresh Pond Ave UNIT 50CalvertonNY11933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 50, Calverton, NY, 11933 uses $43,095 cash to close to unlock $1,334/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $979/mo, and a $636/mo payment keeps the spread at $111/mo. Purchase price stands at $130,000, and rental yield measures 9.04% with $979/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 120.16% and total cumulative return in cash records $51,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices