113 Northern Parkway WPlainviewNY11803
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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 Plainview at 113 Northern Parkway W, Plainview, NY, 11803 at $1,089,000 posts ROI 8.91% with from $3,902/mo rent. Total monthly income equals $3,902/mo. Return on cash invested measures 8.91% and rental yield reads 4.3% at the current $1,089,000. Equity gained on principal adds $7,027/yr, and 5% annual appreciation supports $300,871 by year five. Five-year ROI prints 44.41% and total cumulative return in cash totals $156,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,328 (100%) |
| Owner Occupied HU | 8,949 (86.6%) |
| Renter Occupied HU | 796 ( 7.7%) |
| Vacant Housing Units | 583 ( 5.6%) |
| Median Home Value | $746,133 |
| Average Home Value | $799,170 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
10,031
Multi-Family
255
Businesses
1,275
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