16 Della DriveWest 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
Rental property for sale in West Babylon at 16 Della Drive, West Babylon, NY, 11704 offers $3,335/mo rent that, after a $2,638/mo payment. Total monthly income is $3,335/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 7.42% at a $538,999 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,915 by year five. Five-year ROI records 94.68% and total cumulative return in cash reaches $167,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,335/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2009
2,614 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: Susan R. Maddaleno • Keller Williams Realty Elite
Mls Name: OneKey MLS
Mls ID: #903638