2423 Union Boulevard #6BIslipNY11751
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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
Investment property for sale in Islip at 2423 Union Boulevard #6B, Islip, NY, 11751 earns $117/mo cash flow from $1,720/mo rent with a $1,175/mo payment. Total monthly income totals $1,720/mo, and annual cash flow totals $1,404/yr on $79,560 capital. ROI tracks 21.67% on current figures, and rental yield reads 8.6% at a $239,999 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,307 over five years. Five-year ROI reaches 112.94% and total cumulative return in cash sums $89,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,720/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11751, Islip, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,146
Single Family
5,040
Multi-Family
106
Businesses
411
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