18 Sycamore DrSmithtownNY11787
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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 Smithtown at 18 Sycamore Dr, Smithtown, NY, 11787 priced at $1,237,500 converts $5,400/mo rent into after a $6,057/mo obligation. Total monthly income equals $5,400/mo. Return on cash invested prints 11.8% in year one, and rental yield reads 5.24% against a $1,237,500 entry. Equity gained on principal adds $7,985/yr, while 5% annual appreciation compiles into $341,898 by year five. Five-year ROI reaches 59.92% and total cumulative return in cash sums $240,241. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,400/mo property income covering a $6,057/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11787, Smithtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,658 (100%) |
| Owner Occupied HU | 10,580 (83.6%) |
| Renter Occupied HU | 1,536 (12.1%) |
| Vacant Housing Units | 542 ( 4.3%) |
| Median Home Value | $670,029 |
| Average Home Value | $711,847 |
Housing Distribution
Address Breakdown
Residential
12,038
Single Family
11,617
Multi-Family
421
Businesses
1,316
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