35 Adams LaneMiddle IslandNY11953
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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
Investment Highlights
Rental property for sale in Middle Island at 35 Adams Lane, Middle Island, NY, 11953 offers $2,920/mo rent that, after a $1,463/mo payment, leaves $924/mo cash flow. Total monthly income is $2,920/mo, and annual cash flow is $11,085/yr on $99,119 cash. Return on cash invested measures 31.09% in year one, and rental yield stands at 11.72% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 163.45% and total cumulative return in cash reaches $162,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,920/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11953, Middle Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,612 (67.3%) |
| Renter Occupied HU | 1,492 (27.8%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $427,596 |
| Average Home Value | $492,775 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,477
Multi-Family
0
Businesses
352
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Listed by: Derek J. Greene • Greene Realty Group
Mls Name: OneKey MLS
Mls ID: #948845