2105 Holland Way Unit 1-AMerrickNY11566
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2105 Holland Way Unit 1-A, Merrick, NY, 11566 in Merrick. Rental yield 4.78%. At $1,175,000 with 4.78% gross yield, current distributions are modest, but the 5% appreciation rate projects $324,631 in new equity by year five, complemented by $10,822/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.89) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $244,251.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(3,166) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,680 |
| Total Monthly Debt Service | $7,379 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11566, Merrick, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,079 (100%) |
| Owner Occupied HU | 10,969 (90.8%) |
| Renter Occupied HU | 737 ( 6.1%) |
| Vacant Housing Units | 373 ( 3.1%) |
| Median Home Value | $721,006 |
| Average Home Value | $786,772 |
Housing Distribution
Address Breakdown
Residential
11,756
Single Family
11,711
Multi-Family
45
Businesses
825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1959
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11566, Merrick, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,079 (100%) |
| Owner Occupied HU | 10,969 (90.8%) |
| Renter Occupied HU | 737 ( 6.1%) |
| Vacant Housing Units | 373 ( 3.1%) |
| Median Home Value | $721,006 |
| Average Home Value | $786,772 |
Housing Distribution
Address Breakdown
Residential
11,756
Single Family
11,711
Multi-Family
45
Businesses
825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices