199 August RoadNorth BabylonNY11703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Babylon at 199 August Road, North Babylon, NY, 11703 priced at $709,000 pairs $5,400/mo rent with $666/mo cash flow after a $3,470/mo payment. Total monthly income equals $5,400/mo, and annual cash flow comes to $7,987/yr on $233,261 invested. Return on cash invested is 23.48% in year one, and rental yield stands at 9.14% on a $709,000 basis. Equity gained on principal adds $4,575/yr, and 5% annual appreciation accumulates to $195,884 by year five. Five-year ROI measures 122.63% and total cumulative return in cash reaches $286,053. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $3,470/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11703, North Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,998 (100%) |
| Owner Occupied HU | 4,813 (80.2%) |
| Renter Occupied HU | 985 (16.4%) |
| Vacant Housing Units | 200 ( 3.3%) |
| Median Home Value | $554,797 |
| Average Home Value | $642,297 |
Housing Distribution
Address Breakdown
Residential
5,640
Single Family
5,640
Multi-Family
0
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Gulino • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #943996