6 La Colline DriveMill NeckNY11765
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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 Mill Neck at 6 La Colline Drive, Mill Neck, NY, 11765 projects strong ROI of 2.37%. Rental yield 2.18%. With 5% annual appreciation, the property builds $1,574,805 in value over five years. Equity growth combined delivers a projected five-year ROI of 9.32%, translating into $172,077 in total cumulative return on $1,846,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11765, Mill Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 162 (70.4%) |
| Renter Occupied HU | 34 (14.8%) |
| Vacant Housing Units | 34 (14.8%) |
| Median Home Value | $1,865,385 |
| Average Home Value | $1,639,892 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
30
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