174 Parkside DriveRoslyn 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
Rental property for sale in Roslyn Heights at 174 Parkside Drive, Roslyn Heights, NY, 11577 offers $6,900/mo rent that, after a $4,890/mo payment, leaves $228/mo cash flow. Total monthly income is $6,900/mo, and annual cash flow is $2,741/yr on $328,671 cash. Return on cash invested measures 20.89% in year one, and rental yield stands at 8.29% at a $999,000 entry. Equity gained on principal adds $6,446/yr while 5% annual appreciation compounds into $276,005 by year five. Five-year ROI records 108.74% and total cumulative return in cash reaches $357,386. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,900/mo property income versus a $4,890/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
7,425 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: Lori S. Farber • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #937453