10 Gate LaneWest IslipNY11795
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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 West Islip at 10 Gate Lane, West Islip, NY, 11795 offers a 2.89% rental yield on a $995,000 purchase with $2,400/mo rent. 5% in year one. Equity gained on principal adds $6,421/yr while 5% annual appreciation supports $274,900 over five years. Portfolio math shows five-year ROI at 20.83% and total cumulative return in cash at $68,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $4,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11795, West Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,409 (100%) |
| Owner Occupied HU | 7,620 (90.6%) |
| Renter Occupied HU | 509 ( 6.1%) |
| Vacant Housing Units | 280 ( 3.3%) |
| Median Home Value | $648,627 |
| Average Home Value | $718,244 |
Housing Distribution
Address Breakdown
Residential
8,081
Single Family
8,041
Multi-Family
40
Businesses
475
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Listed by: Richard D. Bocchieri E-PRO GRI ABR • Netter Real Estate Inc
Mls Name: OneKey MLS
Mls ID: #925799