120 Bruce TerraceCarle PlaceNY11514
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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 Carle Place at 120 Bruce Terrace, Carle Place, NY, 11514 with 5% annual appreciation on a $1,100,000 basis while $3,169/mo rent supports operations. 31% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 3.46%. Five-year ROI measures 30.47% and total cumulative return in cash totals $108,595. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,169/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11514, Carle Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,883 (100%) |
| Owner Occupied HU | 1,312 (69.7%) |
| Renter Occupied HU | 487 (25.9%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $739,699 |
| Average Home Value | $779,566 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,365
Multi-Family
332
Businesses
422
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Listed by: Khalidah Arifee • Property Professionals Realty
Mls Name: OneKey MLS
Mls ID: #935072