12 Lakeview DrMiddle IslandNY11953
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 Middle Island at 12 Lakeview Dr, Middle Island, NY, 11953 priced at $433,962 pairs $4,638/mo rent with $1,740/mo cash flow after a $2,124/mo payment. Total monthly income equals $4,638/mo, and annual cash flow comes to $20,881/yr on $143,858 invested. Return on cash invested is 34.42% in year one, and rental yield stands at 12.83% on a $433,962 basis. Equity gained on principal adds $2,800/yr, and 5% annual appreciation accumulates to $119,896 by year five. Five-year ROI measures 181.34% and total cumulative return in cash reaches $260,867. For financing, Ziffy Mortgage’s DSCR program evaluates $4,638/mo property income against a $2,124/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11953, Middle Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,612 (67.3%) |
| Renter Occupied HU | 1,492 (27.8%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $427,596 |
| Average Home Value | $492,775 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,477
Multi-Family
0
Businesses
352
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Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #902844