227 Brown StreetMineolaNY11501
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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 Mineola at 227 Brown Street, Mineola, NY, 11501 priced at $978,000 pairs $5,640/mo rent with after a $4,787/mo payment. Total monthly income equals $5,640/mo. Return on cash invested is 16.74% in year one, and rental yield stands at 6.92% on a $978,000 basis. Equity gained on principal adds $6,311/yr, and 5% annual appreciation accumulates to $270,203 by year five. Five-year ROI measures 86.44% and total cumulative return in cash reaches $278,120. For financing, Ziffy Mortgage’s DSCR program evaluates $5,640/mo property income against a $4,787/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11501, Mineola, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,027 (53.7%) |
| Renter Occupied HU | 3,807 (40.7%) |
| Vacant Housing Units | 524 ( 5.6%) |
| Median Home Value | $666,906 |
| Average Home Value | $702,811 |
Housing Distribution
Address Breakdown
Residential
8,206
Single Family
5,045
Multi-Family
3,161
Businesses
1,414
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