106 Iceland DriveHuntington StationNY11746
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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 Huntington Station at 106 Iceland Drive, Huntington Station, NY, 11746 priced at $799,000 converts $7,560/mo rent into $2,224/mo cash flow after a $3,911/mo obligation. Total monthly income equals $7,560/mo, and annual cash flow totals $26,689/yr on $262,871 invested. Return on cash invested prints 30.21% in year one, and rental yield reads 11.35% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 158.72% and total cumulative return in cash sums $417,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,560/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11746, Huntington Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,393 (100%) |
| Owner Occupied HU | 17,511 (78.2%) |
| Renter Occupied HU | 3,927 (17.5%) |
| Vacant Housing Units | 955 ( 4.3%) |
| Median Home Value | $710,328 |
| Average Home Value | $770,182 |
Housing Distribution
Address Breakdown
Residential
20,290
Single Family
19,732
Multi-Family
558
Businesses
1,537
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Listed by: Kimberly J. Filardi • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #927118