50 Ruby LanePlainviewNY11803
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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 Plainview at 50 Ruby Lane, Plainview, NY, 11803 listed at $829,888 pairs $5,580/mo rent with a $4,062/mo payment to leave $38/mo cash flow. Total monthly income runs $5,580/mo, and annual cash flow reaches $456/yr on $273,033 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 8.07% at a $829,888 basis. Equity gained on principal adds $5,355/yr, and annual property appreciation at 5% supports $229,283 by year five. Five-year ROI tracks 105.17% and total cumulative return in cash totals $287,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,580/mo property income relative to a $4,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,328 (100%) |
| Owner Occupied HU | 8,949 (86.6%) |
| Renter Occupied HU | 796 ( 7.7%) |
| Vacant Housing Units | 583 ( 5.6%) |
| Median Home Value | $746,133 |
| Average Home Value | $799,170 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
10,031
Multi-Family
255
Businesses
1,275
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Listed by: Laura Bloom • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #836742
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