330 Irving StreetCentral 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
Rental property for sale in Central Islip at 330 Irving Street, Central Islip, NY, 11722 offers $2,640/mo rent that, after a $2,364/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 15.52% in year one, and rental yield stands at 6.56% at a $483,000 entry. Equity gained on principal adds $3,117/yr while 5% annual appreciation compounds into $133,444 by year five. Five-year ROI records 79.95% and total cumulative return in cash reaches $128,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $2,364/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,663 sqft 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: Joseph Vennera • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #839744