23 Island TrailMount SinaiNY11766
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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 Mount Sinai at 23 Island Trail, Mount Sinai, NY, 11766 priced at $949,000 converts $4,128/mo rent into after a $4,645/mo obligation. Total monthly income equals $4,128/mo. Return on cash invested prints 11.57% in year one, and rental yield reads 5.22% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 58.73% and total cumulative return in cash sums $183,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,128/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11766, Mount Sinai, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 4,185 (89.1%) |
| Renter Occupied HU | 276 ( 5.9%) |
| Vacant Housing Units | 236 ( 5.0%) |
| Median Home Value | $694,368 |
| Average Home Value | $743,371 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,902
Multi-Family
603
Businesses
393
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Listed by: Frank A. Mann CBR • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #902930