347 Bauer PlMineolaNY11501
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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 Mineola at 347 Bauer Pl, Mineola, NY, 11501 uses $165,487 cash to close to unlock $18,036/yr annual cash flow and $1,503/mo monthly cash flow. Total monthly income runs $4,862/mo, and a $2,462/mo payment keeps the spread at $1,503/mo. Purchase price stands at $503,000, and rental yield measures 11.6% with $4,862/mo rent. Return on cash invested shows 30.96% in year one, and 5% annual appreciation builds toward $138,970 over five years. Five-year ROI reaches 162.7% and total cumulative return in cash records $269,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,862/mo property income covering a $2,462/mo payment rather than investor’s personal income.
Single Family
Built in 1931
2,718 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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