141 Weatherby LaneCentral IslipNY11722
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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 Central Islip at 141 Weatherby Lane, Central Islip, NY, 11722 offers a 8.02% rental yield on a $514,500 purchase with $3,440/mo rent. Total monthly income registers $3,440/mo, and a $2,518/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $54/yr on $169,271 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $3,320/yr while 5% annual appreciation supports $142,147 over five years. Portfolio math shows five-year ROI at 104.44% and total cumulative return in cash at $176,784. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,440/mo property income against a $2,518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11722, Central Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,168 (100%) |
| Owner Occupied HU | 7,332 (65.7%) |
| Renter Occupied HU | 3,261 (29.2%) |
| Vacant Housing Units | 575 ( 5.1%) |
| Median Home Value | $469,487 |
| Average Home Value | $552,376 |
Housing Distribution
Address Breakdown
Residential
9,675
Single Family
8,540
Multi-Family
1,135
Businesses
627
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Listed by: Jo Ann Boettcher • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #919050