199 Salem RoadRoslyn 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 199 Salem Road, Roslyn Heights, NY, 11577 projects strong ROI of 6.71%. Rental yield 3.59%. With 5% annual appreciation, the property builds $660,006 in value over five years. Equity growth combined delivers a projected five-year ROI of 32.6%, translating into $252,350 in total cumulative return on $774,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1947
10,875 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: Matthew Corriston • Specialty Home Realty LLC
Mls Name: OneKey MLS
Mls ID: #946219