21 Hastings RoadIsland ParkNY11558
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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
Total monthly income runs $3,085/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 7.57% with $3,085/mo rent. Return on cash invested shows 18.58% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 96.32% and total cumulative return in cash records $156,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,085/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1939
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
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Listed by: Antoinette Caruso • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3582964
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