115-18 Mayfair RoadRichmond HillNY11418
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Richmond Hill at 115-18 Mayfair Road, Richmond Hill, NY, 11418 projects strong ROI of -2.05%. Rental yield 1.03%. With 5% annual appreciation, the property builds $1,018,926 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.5%, translating into $26,067 in total cumulative return on $1,041,860 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1% | 6.2% |
| Monthly Cash Flow | $(21,448) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,180 |
| Total Monthly Debt Service | $23,160 |
| DSCR Ratio | 0.14x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11418, Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,667 (100%) |
| Owner Occupied HU | 4,364 (34.5%) |
| Renter Occupied HU | 7,498 (59.2%) |
| Vacant Housing Units | 805 ( 6.4%) |
| Median Home Value | $798,961 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
5,040
Multi-Family
3,663
Businesses
977
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
Single Family
Built in 2020
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11418, Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,667 (100%) |
| Owner Occupied HU | 4,364 (34.5%) |
| Renter Occupied HU | 7,498 (59.2%) |
| Vacant Housing Units | 805 ( 6.4%) |
| Median Home Value | $798,961 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
5,040
Multi-Family
3,663
Businesses
977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alina Yukhtman • Golden One Realty Group LLC
Mls Name: OneKey MLS
Mls ID: #892021