85 Sagamore DrivePlainviewNY11803
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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 Plainview at 85 Sagamore Drive, Plainview, NY, 11803 with 5% annual appreciation on a $1,598,000 basis while $4,560/mo rent supports operations. 21% in year one. Equity gained on principal adds $10,312/yr, and five-year appreciation sums $441,498 alongside rental yield of 3.42%. Five-year ROI measures 29.93% and total cumulative return in cash totals $154,955. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,560/mo property income versus a $7,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2001
8,418 sqft lot
$N/A/sqft
No 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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