1 Meadowlark LaneOyster BayNY11771
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 Oyster Bay at 1 Meadowlark Lane, Oyster Bay, NY, 11771 offers $6,408/mo rent that, after a $9,701/mo payment. Total monthly income is $6,408/mo. Return on cash invested measures 7.46% in year one, and rental yield stands at 3.88% at a $1,982,000 entry. Equity gained on principal adds $12,790/yr while 5% annual appreciation compounds into $547,590 by year five. Five-year ROI records 36.68% and total cumulative return in cash reaches $235,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,408/mo property income versus a $9,701/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2.00 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11771, Oyster Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,522 (100%) |
| Owner Occupied HU | 2,917 (64.5%) |
| Renter Occupied HU | 1,288 (28.5%) |
| Vacant Housing Units | 317 ( 7.0%) |
| Median Home Value | $949,581 |
| Average Home Value | $1,190,249 |
Housing Distribution
Address Breakdown
Residential
3,802
Single Family
3,535
Multi-Family
267
Businesses
507
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Nearby investment properties with comparable prices
Listed by: Nareeta Saini • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #819984
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