21 Hancock StIslandiaNY11749
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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 Islandia at 21 Hancock St, Islandia, NY, 11749 listed at $699,999 pairs $5,737/mo rent with a $3,426/mo payment to leave $1,063/mo cash flow. Total monthly income runs $5,737/mo, and annual cash flow reaches $12,752/yr on $230,300 cash to close. Return on cash invested measures 25.6% in year one, and rental yield registers 9.83% at a $699,999 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 133.96% and total cumulative return in cash totals $308,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,737/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11749, Islandia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,583 (100%) |
| Owner Occupied HU | 1,025 (64.8%) |
| Renter Occupied HU | 491 (31.0%) |
| Vacant Housing Units | 67 ( 4.2%) |
| Median Home Value | $579,489 |
| Average Home Value | $661,890 |
Housing Distribution
Address Breakdown
Residential
1,074
Single Family
1,074
Multi-Family
0
Businesses
449
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