956 Hancock AvenueFranklin SquareNY11010
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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 Franklin Square at 956 Hancock Avenue, Franklin Square, NY, 11010 offers a 4.89% rental yield on a $1,275,000 purchase with $5,192/mo rent. 72% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 54.13% and total cumulative return in cash at $223,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,192/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11010, Franklin Square, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,211 (100%) |
| Owner Occupied HU | 6,665 (81.2%) |
| Renter Occupied HU | 1,258 (15.3%) |
| Vacant Housing Units | 288 ( 3.5%) |
| Median Home Value | $674,982 |
| Average Home Value | $719,112 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,183
Multi-Family
219
Businesses
677
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Listed by: Catherine Lattuca • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #918268