11 Snowberry LaneIslandiaNY11749
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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 Islandia at 11 Snowberry Lane, Islandia, NY, 11749 priced at $427,405 converts $2,650/mo rent into after a $2,092/mo obligation. Total monthly income equals $2,650/mo. Return on cash invested prints 18.18% in year one, and rental yield reads 7.44% against a $427,405 entry. Equity gained on principal adds $2,758/yr, while 5% annual appreciation compiles into $118,084 by year five. Five-year ROI reaches 94.21% and total cumulative return in cash sums $133,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,650/mo property income covering a $2,092/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11749, Islandia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,583 (100%) |
| Owner Occupied HU | 1,025 (64.8%) |
| Renter Occupied HU | 491 (31.0%) |
| Vacant Housing Units | 67 ( 4.2%) |
| Median Home Value | $579,489 |
| Average Home Value | $661,890 |
Housing Distribution
Address Breakdown
Residential
1,074
Single Family
1,074
Multi-Family
0
Businesses
449
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Listed by: Todd A. Yovino • Island Advantage Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #804186
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