103 Mariners WayCopiagueNY11726
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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 Copiague at 103 Mariners Way, Copiague, NY, 11726 priced at $439,990 converts $3,016/mo rent into $77/mo cash flow after a $2,154/mo obligation. Total monthly income equals $3,016/mo, and annual cash flow totals $928/yr on $145,857 invested. Return on cash invested prints 20.55% in year one, and rental yield reads 8.23% against a $439,990 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,561 by year five. Five-year ROI reaches 106.92% and total cumulative return in cash sums $155,947. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,016/mo property income covering a $2,154/mo payment, not borrower’s personal income.
Condo
Built in 1973
808 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11726, Copiague, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,808 (100%) |
| Owner Occupied HU | 4,396 (64.6%) |
| Renter Occupied HU | 2,078 (30.5%) |
| Vacant Housing Units | 334 ( 4.9%) |
| Median Home Value | $526,496 |
| Average Home Value | $602,544 |
Housing Distribution
Address Breakdown
Residential
5,693
Single Family
5,233
Multi-Family
460
Businesses
613
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