175 Hamilton AvenueIsland ParkNY11558
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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 Island Park at 175 Hamilton Avenue, Island Park, NY, 11558 with 5% annual appreciation on a $799,989 basis while $5,929/mo rent supports operations. Total monthly income totals $5,929/mo and a $3,916/mo payment preserves $586/mo for cash returns. Annual cash flow comes to $7,036/yr on $263,196 deployed, and return on cash invested reaches 22.73% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,022 alongside rental yield of 8.89%. Five-year ROI measures 118.61% and total cumulative return in cash totals $312,184.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,929/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
8,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
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Listed by: Azita Ben-Sher • Turn Key Real Estate
Mls Name: OneKey MLS
Mls ID: #928129