427 Ryder RoadManhassetNY11030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manhasset at 427 Ryder Road, Manhasset, NY, 11030 listed at $1,849,000 pairs $7,200/mo rent with a $9,050/mo payment. Total monthly income runs $7,200/mo. Return on cash invested measures 10.06% in year one, and rental yield registers 4.67% at a $1,849,000 basis. Equity gained on principal adds $11,931/yr, and annual property appreciation at 5% supports $510,845 by year five. Five-year ROI tracks 50.58% and total cumulative return in cash totals $303,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,200/mo property income relative to a $9,050/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11030, Manhasset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 5,475 (84.8%) |
| Renter Occupied HU | 557 ( 8.6%) |
| Vacant Housing Units | 423 ( 6.6%) |
| Median Home Value | $1,644,906 |
| Average Home Value | $1,625,109 |
Housing Distribution
Address Breakdown
Residential
6,182
Single Family
5,920
Multi-Family
262
Businesses
864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices