19 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
Rental property for sale in Roslyn at 19 Ridge Drive E, Roslyn, NY, 11576 generates $5,057/mo in rent, after a $7,244/mo payment. Total monthly income is $5,057/mo. Return on cash invested sits at 8.29% in year one, and rental yield is 4.1% on a $1,480,000 entry. Equity gained on principal adds $9,550/yr, while 5% annual appreciation builds toward $408,897 over five years. Five-year ROI reaches 41.1% and total cumulative return in cash sums $197,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,057/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,436 sqft 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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