151 Milburn 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
Investment property for sale in Roslyn Heights at 151 Milburn Lane, Roslyn Heights, NY, 11577 with 5% annual appreciation on a $1,499,000 basis while $7,366/mo rent supports operations. 84% in year one. Equity gained on principal adds $9,673/yr, and five-year appreciation sums $414,146 alongside rental yield of 5.9%. Five-year ROI measures 70.84% and total cumulative return in cash totals $344,037. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,366/mo property income versus a $7,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
9,570 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: Elimor Kochavi CBR • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #946140