62 Ascot UNIT 62ManhassetNY11030
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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 Manhasset at 62 Ascot UNIT 62, Manhasset, NY, 11030 with 5% annual appreciation on a $1,575,000 basis while $12,569/mo rent supports operations. Total monthly income totals $12,569/mo and a $7,709/mo payment preserves $601/mo for cash returns. Annual cash flow comes to $7,215/yr on $510,300 deployed, and return on cash invested reaches 21.78% in year one. Equity gained on principal adds $10,163/yr, and five-year appreciation sums $435,143 alongside rental yield of 9.58%. Five-year ROI measures 114.69% and total cumulative return in cash totals $585,266.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $12,569/mo property income versus a $7,709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1987
34.38 Acres lot
$N/A/sqft
$1,450 monthly 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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Listed by: Mark Leventhal • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3576003
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