15 Lane AvenuePlainviewNY11803
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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 Plainview at 15 Lane Avenue, Plainview, NY, 11803 at $799,000 posts ROI 20.9% with $184/mo cash flow from $5,520/mo rent. Total monthly income equals $5,520/mo, and annual cash flow records $2,209/yr on $262,871 to close. Return on cash invested measures 20.9% and rental yield reads 8.29% at the current $799,000. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 by year five. Five-year ROI prints 108.78% and total cumulative return in cash totals $285,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
7,169 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,328 (100%) |
| Owner Occupied HU | 8,949 (86.6%) |
| Renter Occupied HU | 796 ( 7.7%) |
| Vacant Housing Units | 583 ( 5.6%) |
| Median Home Value | $746,133 |
| Average Home Value | $799,170 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
10,031
Multi-Family
255
Businesses
1,275
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-18 | N/A | N/A | $570 | N/A |
| 2022-06-18 | N/A | N/A | $570 | N/A |
| 2021-06-18 | $14595.39 | -3.96% | N/A | N/A |
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: N/A
- Building Area: 1,358
- Living Area: 1,358 sqft
- Property Condition: Actual
Features & Amenities
- Heating: Oil
- Cooling: ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
- Flooring: Combination, Wood
- Interior Features: Eat-in Kitchen, Formal Dining
- Exterior Features: Garden
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Pasadena Elementary School
- Middle School: Plainview-Old Bethpage Middle Sch
- High School: Plainview-Old Bethpage/Jfk Hs
What's Special
Crawl
Listed by: Kieran Rodgers • The Agency Northshore NY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #879121
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.