302 Grist Mill CircleRoslynNY11576
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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 302 Grist Mill Circle, Roslyn, NY, 11576 priced at $1,825,000 pairs $5,962/mo rent with after a $8,932/mo payment. Total monthly income equals $5,962/mo. Return on cash invested is 7.74% in year one, and rental yield stands at 3.92% on a $1,825,000 basis. Equity gained on principal adds $11,776/yr, and 5% annual appreciation accumulates to $504,214 by year five. Five-year ROI measures 38.13% and total cumulative return in cash reaches $225,480. For financing, Ziffy Mortgage’s DSCR program evaluates $5,962/mo property income against a $8,932/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2018
N/A 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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