9 Raff AvenueMineolaNY11501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 9 Raff Avenue, Mineola, NY, 11501 in Mineola. Priced at $838,000, it generates $7,523/mo in gross rent and $1,927/mo in net monthly cash flow, a 10.77% yield that comfortably supports the 2.00 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $23,121. Five-year appreciation: $231,524. Equity from principal paydown: $7,718/yr. Total projected cumulative return: $443,561.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $1,927 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $7,523 |
| Total Monthly Debt Service | $5,263 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
4,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,206
Single Family
5,045
Multi-Family
3,161
Businesses
1,414
Nearby investment properties with comparable rents
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
Single Family
Built in 1953
4,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,206
Single Family
5,045
Multi-Family
3,161
Businesses
1,414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices