6 Birchwood Court #4N, Mineola, NY, 11501 | $928/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mineola at 6 Birchwood Court #4N, Mineola, NY, 11501 offers a 10.8% rental yield on a $399,999 purchase with $3,599/mo rent. Total monthly income registers $3,599/mo, and a $1,958/mo payment leaves $928/mo available for distribution. Annual cash flow reaches $11,132/yr on $132,600 to close, and return on cash invested stands at 28.3% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 148.5% and total cumulative return in cash at $196,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,599/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1960

N/A lot

$N/A/sqft

No HOA

More details about the property

Manhattan Living in Mineola. Welcome to 6 Birchwood Court #4N, a Gorgeous, Newly Renovated Apartment has been Updated to Perfection! This one-of-a-kind large 1 bedroom apartment offers everything you could want in a home. There is a Stunning Kitchen with Deep Mahogany Cabinets, White Countertops and Backsplash, Newer Appliances and an entertaining area with a 12-bottle Wine Refrigerator. Modern Bathroom with rain shower. Beautiful Hardwood Floors Throughout which were recently Refinished. There is a separate area for a home office. The Apartment was Painted in Light Neutral tones. 4 large customized closets too! 1 parking spot located inside complex. Located in a Gated Community w/ 24 hr. security and Close Proximity To Lirr, Shopping, Restaurants and NYU Langone Hospital. Don't miss this one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11501, Mineola, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,358 (100%)
Owner Occupied HU	5,027 (53.7%)
Renter Occupied HU	3,807 (40.7%)
Vacant Housing Units	524 ( 5.6%)
Median Home Value	$666,906
Average Home Value	$702,811