2 Martin PlaceNorthportNY11768
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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 Northport at 2 Martin Place, Northport, NY, 11768 with 5% annual appreciation on a $825,000 basis while $4,620/mo rent supports operations. 13% in year one. Equity gained on principal adds $5,324/yr, and five-year appreciation sums $227,932 alongside rental yield of 6.72%. Five-year ROI measures 83.18% and total cumulative return in cash totals $225,777. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,620/mo property income versus a $4,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
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