309 Main Street Unit DRoslynNY11576
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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 309 Main Street Unit D, Roslyn, NY, 11576 offers $2,710/mo rent that, after a $1,909/mo payment, leaves $106/mo cash flow. Total monthly income is $2,710/mo, and annual cash flow is $1,266/yr on $129,284 cash. Return on cash invested measures 20.89% in year one, and rental yield stands at 8.34% at a $389,998 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,749 by year five. Five-year ROI records 108.75% and total cumulative return in cash reaches $140,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,710/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through 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: 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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