18 Fleets Point 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
Investment property for sale in West Babylon at 18 Fleets Point Drive, West Babylon, NY, 11704 with 5% annual appreciation on a $834,990 basis while $8,244/mo rent supports operations. Total monthly income totals $8,244/mo and a $4,087/mo payment preserves $2,668/mo for cash returns. Annual cash flow comes to $32,015/yr on $274,712 deployed, and return on cash invested reaches 31.71% in year one. Equity gained on principal adds $5,388/yr, and five-year appreciation sums $230,692 alongside rental yield of 11.85%. Five-year ROI measures 166.75% and total cumulative return in cash totals $458,089.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,244/mo property income versus a $4,087/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.26 Acres 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: Regina F Forcino • Winkler Real Estate Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3548871
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