28 Smith StShelter IslandNY11964
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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
Total monthly income runs $4,871/mo, and a $5,249/mo payment. Purchase price stands at $1,072,400, and rental yield measures 5.45% with $4,871/mo rent. Return on cash invested shows 12.46% in year one, and 5% annual appreciation builds toward $296,284 over five years. Five-year ROI reaches 63.46% and total cumulative return in cash records $220,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,871/mo property income covering a $5,249/mo payment rather than investor’s personal income.
Single Family
Built in 1858
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11964, Shelter Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,130 (100%) |
| Owner Occupied HU | 514 (45.5%) |
| Renter Occupied HU | 157 (13.9%) |
| Vacant Housing Units | 459 (40.6%) |
| Median Home Value | $939,167 |
| Average Home Value | $1,071,080 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
130
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Listed by: N/A • N/A
Mls Name: Out East
Mls ID: #105776