200 Farber Drive #200West 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 200 Farber Drive #200, West Babylon, NY, 11704 offers a 8.24% rental yield on a $279,000 purchase with $1,916/mo rent. Total monthly income registers $1,916/mo, and a $1,366/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $629/yr on $92,489 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 107.15% and total cumulative return in cash at $99,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,916/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1959
N/A 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: Angela Hauser • Anthony Napolitano Homes
Mls Name: OneKey MLS
Mls ID: #895471