1486 Laurel Hollow RoadSyossetNY11791
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
Investment Highlights
Rental property for sale in Syosset at 1486 Laurel Hollow Road, Syosset, NY, 11791 generates $5,034/mo in rent, after a $7,337/mo payment. Total monthly income is $5,034/mo. Return on cash invested sits at 8.07% in year one, and rental yield is 4.03% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 39.94% and total cumulative return in cash sums $193,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,034/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11791, Syosset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,229 (100%) |
| Owner Occupied HU | 7,186 (87.3%) |
| Renter Occupied HU | 649 ( 7.9%) |
| Vacant Housing Units | 394 ( 4.8%) |
| Median Home Value | $913,002 |
| Average Home Value | $1,062,415 |
Housing Distribution
Address Breakdown
Residential
8,117
Single Family
8,022
Multi-Family
95
Businesses
1,080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices