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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hicksville at 71 Alexander Avenue, Hicksville, NY, 11801 priced at $779,999 converts $5,356/mo rent into $147/mo cash flow after a $3,818/mo obligation. Total monthly income equals $5,356/mo, and annual cash flow totals $1,764/yr on $256,620 invested. Return on cash invested prints 20.75% in year one, and rental yield reads 8.24% against a $779,999 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,499 by year five. Five-year ROI reaches 107.94% and total cumulative return in cash sums $276,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,356/mo property income covering a $3,818/mo payment, not borrower’s personal income.
Single Family
Built in 1958
6,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11801, Hicksville, NY area.
| 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 |
Residential
12,324
Single Family
12,043
Multi-Family
281
Businesses
1,783
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $779,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | N/A | N/A | $540 | 5.88% |
| 2022-02-12 | N/A | N/A | $510 | N/A |
| 2021-02-12 | $3528.58 | 23.15% | N/A | N/A |
What's Special
None
Listed by: Jaswinder Singh • Realty Connect USA LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #815779
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
