51 Hidden Ridge DriveSyossetNY11791
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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 Syosset at 51 Hidden Ridge Drive, Syosset, NY, 11791 earns $1,259/mo cash flow from $6,000/mo rent with a $3,475/mo payment. Total monthly income totals $6,000/mo, and annual cash flow totals $15,106/yr on $233,590 capital. ROI tracks 26.53% on current figures, and rental yield reads 10.14% at a $710,000 purchase. Equity gained on principal adds $4,582/yr, and 5% annual appreciation supports $196,160 over five years. Five-year ROI reaches 138.94% and total cumulative return in cash sums $324,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11791, Syosset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,229 (100%) |
| Owner Occupied HU | 7,186 (87.3%) |
| Renter Occupied HU | 649 ( 7.9%) |
| Vacant Housing Units | 394 ( 4.8%) |
| Median Home Value | $913,002 |
| Average Home Value | $1,062,415 |
Housing Distribution
Address Breakdown
Residential
8,117
Single Family
8,022
Multi-Family
95
Businesses
1,080
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