28 2nd AvenueCentral IslipNY11722
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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 Central Islip at 28 2nd Avenue, Central Islip, NY, 11722 with 5% annual appreciation on a $599,000 basis while $4,020/mo rent supports operations. Total monthly income totals $4,020/mo and a $2,932/mo payment preserves $20/mo for cash returns. Annual cash flow comes to $237/yr on $197,071 deployed, and return on cash invested reaches 20.18% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 8.05%. Five-year ROI measures 104.91% and total cumulative return in cash totals $206,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,020/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11722, Central Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,168 (100%) |
| Owner Occupied HU | 7,332 (65.7%) |
| Renter Occupied HU | 3,261 (29.2%) |
| Vacant Housing Units | 575 ( 5.1%) |
| Median Home Value | $469,487 |
| Average Home Value | $552,376 |
Housing Distribution
Address Breakdown
Residential
9,675
Single Family
8,540
Multi-Family
1,135
Businesses
627
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Listed by: Colin P. Finnin • OverSouth LLC
Mls Name: OneKey MLS
Mls ID: #951405