17 Timber Ridge DriveHoltsvilleNY11742
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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 Holtsville at 17 Timber Ridge Drive, Holtsville, NY, 11742 offers a 8.44% rental yield on a $475,000 purchase with $3,340/mo rent. Total monthly income registers $3,340/mo, and a $2,325/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,015/yr on $157,463 to close, and return on cash invested stands at 21.19% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 110.34% and total cumulative return in cash at $173,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,340/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
1,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11742, Holtsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,698 (100%) |
| Owner Occupied HU | 3,692 (78.6%) |
| Renter Occupied HU | 849 (18.1%) |
| Vacant Housing Units | 157 ( 3.3%) |
| Median Home Value | $577,938 |
| Average Home Value | $568,461 |
Housing Distribution
Address Breakdown
Residential
4,632
Single Family
4,552
Multi-Family
80
Businesses
323
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Listed by: Renee Steinberg • RE/MAX Signature Real Estate
Mls Name: OneKey MLS
Mls ID: #906861