201 Artist Lake DrMiddle IslandNY11953
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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 Middle Island at 201 Artist Lake Dr, Middle Island, NY, 11953 with 5% annual appreciation on a $235,000 basis while $1,571/mo rent supports operations. 3% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 8.02%. Five-year ROI measures 60.44% and total cumulative return in cash totals $47,080. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,571/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
N/A lot
$N/A/sqft
$561 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11953, Middle Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,612 (67.3%) |
| Renter Occupied HU | 1,492 (27.8%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $427,596 |
| Average Home Value | $492,775 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,477
Multi-Family
0
Businesses
352
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Listed by: Tyler Brown • RE MAX SPARROW REALTY
Mls Name: NY State MLS
Mls ID: #11448576