145 Shore RoadManhassetNY11030
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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 Manhasset at 145 Shore Road, Manhasset, NY, 11030 offers $4,694/mo rent that, after a $7,352/mo payment. Total monthly income is $4,694/mo. Return on cash invested measures 7.21% in year one, and rental yield stands at 3.75% at a $1,502,000 entry. Equity gained on principal adds $9,692/yr while 5% annual appreciation compounds into $414,975 by year five. Five-year ROI records 35.3% and total cumulative return in cash reaches $171,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,694/mo property income versus a $7,352/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,300 sqft 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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