2435 Union Boulevard #7BIslipNY11751
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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 Islip at 2435 Union Boulevard #7B, Islip, NY, 11751 generates $1,640/mo in rent and, after a $1,175/mo payment, leaves $37/mo in cash flow. Total monthly income is $1,640/mo, and annual cash flow is $444/yr on $79,560 invested. Return on cash invested sits at 20.47% in year one, and rental yield is 8.2% on a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,307 over five years. Five-year ROI reaches 106.46% and total cumulative return in cash sums $84,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,640/mo property income rather than buyer’s 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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