52 Hyde CourtManhassetNY11030
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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
Rental property for sale in Manhasset at 52 Hyde Court, Manhasset, NY, 11030 priced at $1,649,000 converts $4,988/mo rent into after a $8,071/mo obligation. Total monthly income equals $4,988/mo. Return on cash invested prints 6.84% in year one, and rental yield reads 3.63% against a $1,649,000 entry. Equity gained on principal adds $10,641/yr, while 5% annual appreciation compiles into $455,588 by year five. Five-year ROI reaches 33.32% and total cumulative return in cash sums $178,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,988/mo property income covering a $8,071/mo payment, not borrower’s personal income.
Condo
Built in 1987
N/A 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
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