2 Fairview DriveShirleyNY11967
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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 Shirley at 2 Fairview Drive, Shirley, NY, 11967 uses $161,441 cash to close to unlock $58,446/yr annual cash flow and $4,871/mo monthly cash flow. Total monthly income runs $8,123/mo, and a $2,384/mo payment keeps the spread at $4,871/mo. Purchase price stands at $487,000, and rental yield measures 20.02% with $8,123/mo rent. Return on cash invested shows 56.11% in year one, and 5% annual appreciation builds toward $134,549 over five years. Five-year ROI reaches 297.62% and total cumulative return in cash records $480,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,123/mo property income covering a $2,384/mo payment rather than investor’s personal income.
Single Family
Built in 1971
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11967, Shirley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 6,830 (79.9%) |
| Renter Occupied HU | 1,248 (14.6%) |
| Vacant Housing Units | 472 ( 5.5%) |
| Median Home Value | $456,058 |
| Average Home Value | $508,929 |
Housing Distribution
Address Breakdown
Residential
8,270
Single Family
8,270
Multi-Family
0
Businesses
497
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Listed by: Carina E Polanco • Jones Hollow Realty Group Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3571299
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