23-23 E Brander PkwyShelter Island HeightsNY11965
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
Investment property for sale in Shelter Island Heights at 23-23 E Brander Pkwy, Shelter Island Heights, NY, 11965 listed at $1,900,000 pairs $5,779/mo rent with a $9,300/mo payment. Total monthly income runs $5,779/mo. Return on cash invested measures 6.9% in year one, and rental yield registers 3.65% at a $1,900,000 basis. Equity gained on principal adds $12,260/yr, and annual property appreciation at 5% supports $524,935 by year five. Five-year ROI tracks 33.65% and total cumulative return in cash totals $207,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,779/mo property income relative to a $9,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11965, Shelter Island Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,589 (100%) |
| Owner Occupied HU | 674 (42.4%) |
| Renter Occupied HU | 122 ( 7.7%) |
| Vacant Housing Units | 793 (49.9%) |
| Median Home Value | $995,000 |
| Average Home Value | $1,098,646 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
74
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Listed by: Michael Brennan • Douglas Elliman
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #417372