





A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Islip at 2413 Union Boulevard #5B, Islip, NY, 11751 uses $72,930 cash to close to unlock $272/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $1,077/mo payment keeps the spread at $23/mo. Purchase price stands at $219,999, and rental yield measures 8.14% with $1,492/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash records $76,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11751, Islip, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,382 (100%) |
| Owner Occupied HU | 4,210 (78.2%) |
| Renter Occupied HU | 1,009 (18.7%) |
| Vacant Housing Units | 163 ( 3.0%) |
| Median Home Value | $597,072 |
| Average Home Value | $627,016 |
Residential
5,146
Single Family
5,040
Multi-Family
106
Businesses
411
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



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Listed by: Beth Hayde • Real Broker NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #862630
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.