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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Islip at 2417 Union Boulevard #2B, Islip, NY, 11751 generates $2,554/mo in rent and, after a $1,077/mo payment, leaves $1,085/mo in cash flow. Total monthly income is $2,554/mo, and annual cash flow is $13,016/yr on $72,930 invested. Return on cash invested sits at 37.76% in year one, and rental yield is 13.93% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 199.21% and total cumulative return in cash sums $145,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,554/mo property income rather than buyer’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 |
|---|---|---|
| 2025-05-01 | Listed for sale | $220,000 |
| 2024-11-25 | Pending sale | $220,000 |
| 2024-09-24 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Unfinished
Listed by: Maria Flyntz ABR • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #856341
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.
