104 Harborview DriveNorthportNY11768
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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 Northport at 104 Harborview Drive, Northport, NY, 11768 offers $4,500/mo rent that, after a $6,118/mo payment. Total monthly income is $4,500/mo. Return on cash invested measures 8.97% in year one, and rental yield stands at 4.32% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 44.74% and total cumulative return in cash reaches $181,213. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,500/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
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