100 Baker Court #36Island ParkNY11558
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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 Island Park at 100 Baker Court #36, Island Park, NY, 11558 generates $5,566/mo in rent and, after a $3,181/mo payment, leaves $1,226/mo in cash flow. Total monthly income is $5,566/mo, and annual cash flow is $14,710/yr on $213,850 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 10.28% on a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 141.14% and total cumulative return in cash sums $301,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,566/mo property income rather than buyer’s personal income.
Condo
Built in 1985
12.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
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Listed by: Jacqueline M. Demarinis • New Door Properties LLC
Mls Name: OneKey MLS
Mls ID: #888667