9 Stanford LaneHicksvilleNY11801
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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 Hicksville at 9 Stanford Lane, Hicksville, NY, 11801 listed at $679,000 pairs $6,714/mo rent with a $3,323/mo payment to leave $2,180/mo cash flow. Total monthly income runs $6,714/mo, and annual cash flow reaches $26,161/yr on $223,391 cash to close. Return on cash invested measures 31.77% in year one, and rental yield registers 11.87% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 167.08% and total cumulative return in cash totals $373,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,714/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
6,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11801, Hicksville, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,324
Single Family
12,043
Multi-Family
281
Businesses
1,783
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Listed by: Barry J. Paley CBR • Keller Williams Points North
Mls Name: OneKey MLS
Mls ID: #949392