1 Sloane LaneEast MarionNY11939
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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
Investment property for sale in East Marion at 1 Sloane Lane, East Marion, NY, 11939 offers a 25.9% rental yield on a $1,295,000 purchase with $27,949/mo rent. Total monthly income registers $27,949/mo, and a $6,338/mo payment leaves $19,302/mo available for distribution. Annual cash flow reaches $231,619/yr on $419,580 to close, and return on cash invested stands at 75.57% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 401.89% and total cumulative return in cash at $1,686,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $27,949/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11939, East Marion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 414 (43.9%) |
| Renter Occupied HU | 75 ( 8.0%) |
| Vacant Housing Units | 453 (48.1%) |
| Median Home Value | $867,925 |
| Average Home Value | $982,500 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Kenneth D Poliwoda • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3534192
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