205 Oak Neck LaneWest IslipNY11795
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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
Rental property for sale in West Islip at 205 Oak Neck Lane, West Islip, NY, 11795 priced at $999,900 pairs $2,400/mo rent with after a $4,894/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 4.46% in year one, and rental yield stands at 2.88% on a $999,900 basis. Equity gained on principal adds $6,452/yr, and 5% annual appreciation accumulates to $276,254 by year five. Five-year ROI measures 20.59% and total cumulative return in cash reaches $67,748. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $4,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11795, West Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,409 (100%) |
| Owner Occupied HU | 7,620 (90.6%) |
| Renter Occupied HU | 509 ( 6.1%) |
| Vacant Housing Units | 280 ( 3.3%) |
| Median Home Value | $648,627 |
| Average Home Value | $718,244 |
Housing Distribution
Address Breakdown
Residential
8,081
Single Family
8,041
Multi-Family
40
Businesses
475
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Listed by: Manon P. Compitello • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #954046