93 Village Circle WManorvilleNY11949
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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 Manorville at 93 Village Circle W, Manorville, NY, 11949 offers a 9.2% rental yield on a $129,999 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $636/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,550/yr on $43,095 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 122.86% and total cumulative return in cash at $52,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
3,397 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11949, Manorville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,716 (100%) |
| Owner Occupied HU | 4,457 (78.0%) |
| Renter Occupied HU | 1,009 (17.7%) |
| Vacant Housing Units | 250 ( 4.4%) |
| Median Home Value | $602,181 |
| Average Home Value | $597,499 |
Housing Distribution
Address Breakdown
Residential
5,469
Single Family
5,469
Multi-Family
0
Businesses
244
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Listed by: Dorothy Farrell • Aliano Real Estate
Mls Name: OneKey MLS
Mls ID: #897304