77 S Park Avenue #B2Rockville CentreNY11570
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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 Rockville Centre at 77 S Park Avenue #B2, Rockville Centre, NY, 11570 offers $2,398/mo rent that, after a $1,713/mo payment, leaves $61/mo cash flow. Total monthly income is $2,398/mo, and annual cash flow is $730/yr on $116,025 cash. Return on cash invested measures 20.54% in year one, and rental yield stands at 8.22% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 106.86% and total cumulative return in cash reaches $123,986. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,398/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11570, Rockville Centre, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,987 (100%) |
| Owner Occupied HU | 7,763 (70.7%) |
| Renter Occupied HU | 2,839 (25.8%) |
| Vacant Housing Units | 385 ( 3.5%) |
| Median Home Value | $825,392 |
| Average Home Value | $859,119 |
Housing Distribution
Address Breakdown
Residential
10,445
Single Family
7,444
Multi-Family
3,001
Businesses
998
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Listed by: Sabrin Duzdar-Sofizada • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #926227