14 Heckscher Spur DriveEast IslipNY11730
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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 East Islip at 14 Heckscher Spur Drive, East Islip, NY, 11730 offers $4,320/mo rent that, after a $3,084/mo payment, leaves $113/mo cash flow. Total monthly income is $4,320/mo, and annual cash flow is $1,350/yr on $207,270 cash. Return on cash invested measures 20.71% in year one, and rental yield stands at 8.23% at a $629,999 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,057 by year five. Five-year ROI records 107.77% and total cumulative return in cash reaches $223,366. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,320/mo property income versus a $3,084/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11730, East Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,273 (100%) |
| Owner Occupied HU | 4,156 (78.8%) |
| Renter Occupied HU | 912 (17.3%) |
| Vacant Housing Units | 205 ( 3.9%) |
| Median Home Value | $626,695 |
| Average Home Value | $663,157 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,852
Multi-Family
302
Businesses
429
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Listed by: Paul A. Musso SFR • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #924835