36 Sherman DriveSyossetNY11791
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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 Syosset at 36 Sherman Drive, Syosset, NY, 11791 generates $8,431/mo in rent and, after a $4,547/mo payment, leaves $2,227/mo in cash flow. Total monthly income is $8,431/mo, and annual cash flow is $26,727/yr on $305,641 invested. Return on cash invested sits at 28.8% in year one, and rental yield is 10.89% on a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation builds toward $256,666 over five years. Five-year ROI reaches 151.16% and total cumulative return in cash sums $462,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11791, Syosset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,229 (100%) |
| Owner Occupied HU | 7,186 (87.3%) |
| Renter Occupied HU | 649 ( 7.9%) |
| Vacant Housing Units | 394 ( 4.8%) |
| Median Home Value | $913,002 |
| Average Home Value | $1,062,415 |
Housing Distribution
Address Breakdown
Residential
8,117
Single Family
8,022
Multi-Family
95
Businesses
1,080
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Listed by: Richard T. Brazzano • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #832438
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