329 Myrtle AveWest IslipNY11795
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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 West Islip at 329 Myrtle Ave, West Islip, NY, 11795 listed at $589,000 pairs $3,580/mo rent with a $2,883/mo payment. Total monthly income runs $3,580/mo. Return on cash invested measures 17.87% in year one, and rental yield registers 7.29% at a $589,000 basis. Equity gained on principal adds $3,801/yr, and annual property appreciation at 5% supports $162,730 by year five. Five-year ROI tracks 92.53% and total cumulative return in cash totals $179,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,580/mo property income relative to a $2,883/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11795, West Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,409 (100%) |
| Owner Occupied HU | 7,620 (90.6%) |
| Renter Occupied HU | 509 ( 6.1%) |
| Vacant Housing Units | 280 ( 3.3%) |
| Median Home Value | $648,627 |
| Average Home Value | $718,244 |
Housing Distribution
Address Breakdown
Residential
8,081
Single Family
8,041
Multi-Family
40
Businesses
475
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Listed by: Michael Mandel • SELL & GO REALTY INC
Mls Name: NY State MLS
Mls ID: #11416064