67 Carriage LanePlainviewNY11803
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Nearby investment properties with comparable prices
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 Plainview at 67 Carriage Lane, Plainview, NY, 11803 offers $6,324/mo rent that, after a $3,670/mo payment, leaves $565/mo cash flow. Total monthly income is $6,324/mo, and annual cash flow is $6,776/yr on $246,717 cash. Return on cash invested measures 22.81% in year one, and rental yield stands at 10.12% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 120.32% and total cumulative return in cash reaches $296,842. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,324/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
$752 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11803, Plainview, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,328 (100%) |
| Owner Occupied HU | 8,949 (86.6%) |
| Renter Occupied HU | 796 ( 7.7%) |
| Vacant Housing Units | 583 ( 5.6%) |
| Median Home Value | $746,133 |
| Average Home Value | $799,170 |
Housing Distribution
Address Breakdown
Residential
10,286
Single Family
10,031
Multi-Family
255
Businesses
1,275
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Nearby investment properties with comparable prices
Listed by: Darlene A. Baker • Baker Real Estate NY Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #835351
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.