4 Edwards UNIT 2 GRoslyn HeightsNY11577
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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 Roslyn Heights at 4 Edwards UNIT 2 G, Roslyn Heights, NY, 11577 listed at $394,900 pairs $3,995/mo rent with a $1,933/mo payment to leave $318/mo cash flow. Total monthly income runs $3,995/mo, and annual cash flow reaches $3,813/yr on $130,909 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 12.14% at a $394,900 basis. Equity gained on principal adds $2,548/yr, and annual property appreciation at 5% supports $109,104 by year five. Five-year ROI tracks 122.56% and total cumulative return in cash totals $160,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,995/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
$1,040 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11577, Roslyn Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,262 (100%) |
| Owner Occupied HU | 3,524 (82.7%) |
| Renter Occupied HU | 514 (12.1%) |
| Vacant Housing Units | 224 ( 5.3%) |
| Median Home Value | $983,276 |
| Average Home Value | $1,195,654 |
Housing Distribution
Address Breakdown
Residential
4,321
Single Family
3,959
Multi-Family
362
Businesses
445
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Listed by: Christine Matarazzo • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3586160
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