17 Terrace DriveEast NorthportNY11731
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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 Northport at 17 Terrace Drive, East Northport, NY, 11731 offers $5,160/mo rent that, after a $6,603/mo payment. Total monthly income is $5,160/mo. Return on cash invested measures 9.8% in year one, and rental yield stands at 4.59% at a $1,349,000 entry. Equity gained on principal adds $8,705/yr while 5% annual appreciation compounds into $372,704 by year five. Five-year ROI records 49.21% and total cumulative return in cash reaches $215,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,160/mo property income versus a $6,603/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11731, East Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,767 (100%) |
| Owner Occupied HU | 9,316 (86.5%) |
| Renter Occupied HU | 1,061 ( 9.9%) |
| Vacant Housing Units | 390 ( 3.6%) |
| Median Home Value | $653,565 |
| Average Home Value | $708,872 |
Housing Distribution
Address Breakdown
Residential
10,064
Single Family
10,033
Multi-Family
31
Businesses
764
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Listed by: Ellen Patterson CBR • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #924967