116 15th AvenueWest BabylonNY11704
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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
Investment property for sale in West Babylon at 116 15th Avenue, West Babylon, NY, 11704 earns from $3,120/mo rent with a $3,788/mo payment. Total monthly income totals $3,120/mo. ROI tracks 10.41% on current figures, and rental yield reads 4.84% at a $774,000 purchase. Equity gained on principal adds $4,995/yr, and 5% annual appreciation supports $213,842 over five years. Five-year ROI reaches 52.5% and total cumulative return in cash sums $133,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 1937
10,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11704, West Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 9,671 (69.2%) |
| Renter Occupied HU | 3,727 (26.7%) |
| Vacant Housing Units | 572 ( 4.1%) |
| Median Home Value | $559,630 |
| Average Home Value | $583,775 |
Housing Distribution
Address Breakdown
Residential
12,611
Single Family
11,925
Multi-Family
686
Businesses
1,370
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Listed by: Teishara Johnson Fountain • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #953126