379 White RdMineolaNY11501
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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 379 White Rd, Mineola, NY, 11501 listed at $770,000 pairs $4,261/mo rent with a $3,769/mo payment. Total monthly income runs $4,261/mo. Return on cash invested measures 15.89% in year one, and rental yield registers 6.64% at a $770,000 basis. Equity gained on principal adds $4,969/yr, and annual property appreciation at 5% supports $212,737 by year five. Five-year ROI tracks 81.88% and total cumulative return in cash totals $207,417. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,261/mo property income relative to a $3,769/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
N/A 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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Listed by: Michael Ngai • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #866838
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