2 Edwards Street #3DRoslyn 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 2 Edwards Street #3D, Roslyn Heights, NY, 11577 offers a 8.39% rental yield on a $330,000 purchase with $2,307/mo rent. Total monthly income registers $2,307/mo, and a $1,615/mo payment leaves $104/mo available for distribution. Annual cash flow reaches $1,242/yr on $109,395 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 109.58% and total cumulative return in cash at $119,879. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,307/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1950
N/A 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: Denice M. Giacometti • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #932154