12 Yale DrManhassetNY11030
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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 Manhasset at 12 Yale Dr, Manhasset, NY, 11030 with 5% annual appreciation on a $1,421,800 basis while $9,530/mo rent supports operations. Total monthly income totals $9,530/mo and a $6,959/mo payment preserves $35/mo for cash returns. Annual cash flow comes to $426/yr on $460,663 deployed, and return on cash invested reaches 20.46% in year one. Equity gained on principal adds $9,175/yr, and five-year appreciation sums $392,817 alongside rental yield of 8.04%. Five-year ROI measures 106.37% and total cumulative return in cash totals $490,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,530/mo property income versus a $6,959/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
18.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11030, Manhasset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 5,475 (84.8%) |
| Renter Occupied HU | 557 ( 8.6%) |
| Vacant Housing Units | 423 ( 6.6%) |
| Median Home Value | $1,644,906 |
| Average Home Value | $1,625,109 |
Housing Distribution
Address Breakdown
Residential
6,182
Single Family
5,920
Multi-Family
262
Businesses
864
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