15 Spring HollowRoslynNY11576
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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 Roslyn at 15 Spring Hollow, Roslyn, NY, 11576 uses $292,481 cash to close to unlock $24,883/yr annual cash flow and $2,074/mo monthly cash flow. Total monthly income runs $8,010/mo, and a $4,351/mo payment keeps the spread at $2,074/mo. Purchase price stands at $889,000, and rental yield measures 10.81% with $8,010/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $245,614 over five years. Five-year ROI reaches 149.89% and total cumulative return in cash records $438,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,010/mo property income covering a $4,351/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11576, Roslyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,916 (100%) |
| Owner Occupied HU | 4,103 (83.5%) |
| Renter Occupied HU | 544 (11.1%) |
| Vacant Housing Units | 269 ( 5.5%) |
| Median Home Value | $1,375,000 |
| Average Home Value | $1,434,153 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,305
Multi-Family
321
Businesses
349
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