11 Southwood LaneNorth BabylonNY11703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Babylon at 11 Southwood Lane, North Babylon, NY, 11703 priced at $639,999 converts $4,850/mo rent into $577/mo cash flow after a $3,132/mo obligation. Total monthly income equals $4,850/mo, and annual cash flow totals $6,920/yr on $210,560 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 9.09% against a $639,999 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation compiles into $176,820 by year five. Five-year ROI reaches 121.88% and total cumulative return in cash sums $256,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,850/mo property income covering a $3,132/mo payment, not borrower’s personal income.
Single Family
Built in 1951
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11703, North Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,998 (100%) |
| Owner Occupied HU | 4,813 (80.2%) |
| Renter Occupied HU | 985 (16.4%) |
| Vacant Housing Units | 200 ( 3.3%) |
| Median Home Value | $554,797 |
| Average Home Value | $642,297 |
Housing Distribution
Address Breakdown
Residential
5,640
Single Family
5,640
Multi-Family
0
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise M. Torino • Seal The Deal Real Estate
Mls Name: OneKey MLS
Mls ID: #894919