1 Rebel RdShelter Island HeightsNY11965
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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
Rental property for sale in Shelter Island Heights at 1 Rebel Rd, Shelter Island Heights, NY, 11965 offers $4,357/mo rent that, after a $5,800/mo payment. Total monthly income is $4,357/mo. Return on cash invested measures 9.25% in year one, and rental yield stands at 4.41% at a $1,185,000 entry. Equity gained on principal adds $7,647/yr while 5% annual appreciation compounds into $327,394 by year five. Five-year ROI records 46.27% and total cumulative return in cash reaches $177,630. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,357/mo property income versus a $5,800/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11965, Shelter Island Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,589 (100%) |
| Owner Occupied HU | 674 (42.4%) |
| Renter Occupied HU | 122 ( 7.7%) |
| Vacant Housing Units | 793 (49.9%) |
| Median Home Value | $995,000 |
| Average Home Value | $1,098,646 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
74
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Nearby investment properties with comparable prices
Listed by: Debra Von Brook-Binder - Real Estate Sales Person • Daniel Gale Sotheby's International Realty
Mls Name: Out East
Mls ID: #382775