129 Gilmar LaneRoslyn HeightsNY11577
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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
Rental property for sale in Roslyn Heights at 129 Gilmar Lane, Roslyn Heights, NY, 11577 generates $3,837/mo in rent, after a $5,379/mo payment. Total monthly income is $3,837/mo. Return on cash invested sits at 8.57% in year one, and rental yield is 4.19% on a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 42.59% and total cumulative return in cash sums $151,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,837/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11577, Roslyn Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,262 (100%) |
| Owner Occupied HU | 3,524 (82.7%) |
| Renter Occupied HU | 514 (12.1%) |
| Vacant Housing Units | 224 ( 5.3%) |
| Median Home Value | $983,276 |
| Average Home Value | $1,195,654 |
Housing Distribution
Address Breakdown
Residential
4,321
Single Family
3,959
Multi-Family
362
Businesses
445
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Listed by: Maryann K. Milovcic CBR • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #918187