100 Clinton #2NMineolaNY11501
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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 Mineola at 100 Clinton #2N, Mineola, NY, 11501 offers a 8.29% rental yield on a $335,000 purchase with $2,314/mo rent. Total monthly income registers $2,314/mo, and a $1,640/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $919/yr on $111,053 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 107.93% and total cumulative return in cash at $119,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,314/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11501, Mineola, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,027 (53.7%) |
| Renter Occupied HU | 3,807 (40.7%) |
| Vacant Housing Units | 524 ( 5.6%) |
| Median Home Value | $666,906 |
| Average Home Value | $702,811 |
Housing Distribution
Address Breakdown
Residential
8,206
Single Family
5,045
Multi-Family
3,161
Businesses
1,414
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