216 Asharoken AvenueNorthportNY11768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northport at 216 Asharoken Avenue, Northport, NY, 11768 generates $4,620/mo in rent, after a $9,299/mo payment. Total monthly income is $4,620/mo. Return on cash invested sits at 4.64% in year one, and rental yield is 2.92% on a $1,899,900 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation builds toward $524,907 over five years. Five-year ROI reaches 21.54% and total cumulative return in cash sums $132,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices