3 J P LanePine IslandNY10969
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3 J P Lane, Pine Island, NY, 10969 in Pine Island is a solid income-producing rental, 9.02% gross yield, $3,000/mo rent, $336/mo net cash flow on a $399,000 buy. DSCR 1.67 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $110,236 and $3,675/yr in principal reduction project a total cumulative return of $173,777.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $336 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $2,506 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10969, Pine Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 381 (71.1%) |
| Renter Occupied HU | 88 (16.4%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $529,647 |
| Average Home Value | $570,171 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1931
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10969, Pine Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 381 (71.1%) |
| Renter Occupied HU | 88 (16.4%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $529,647 |
| Average Home Value | $570,171 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca A. Bank • Keller Williams Realty
Mls Name: OneKey MLS
Mls ID: #899042