16 Ridge Drive ERoslynNY11576
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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 16 Ridge Drive E, Roslyn, NY, 11576 with 5% annual appreciation on a $1,388,888 basis while $4,931/mo rent supports operations. 79% in year one. Equity gained on principal adds $8,962/yr, and five-year appreciation sums $383,724 alongside rental yield of 4.26%. Five-year ROI measures 43.76% and total cumulative return in cash totals $196,919. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,931/mo property income versus a $6,798/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.26 Acres 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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