78 Southfield RoadBaiting HollowNY11933
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
Rental property for sale in Baiting Hollow at 78 Southfield Road, Baiting Hollow, NY, 11933 priced at $749,900 converts $7,200/mo rent into $2,193/mo cash flow after a $3,670/mo obligation. Total monthly income equals $7,200/mo, and annual cash flow totals $26,312/yr on $246,717 invested. Return on cash invested prints 30.73% in year one, and rental yield reads 11.52% against a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,184 by year five. Five-year ROI reaches 161.46% and total cumulative return in cash sums $398,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,200/mo property income covering a $3,670/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.50 Acres 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
Listed by: Mildred Thomas GRI • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #911968