37 Gladstone AvenueWest IslipNY11795
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
Investment Highlights
Investment property for sale in West Islip at 37 Gladstone Avenue, West Islip, NY, 11795 at $499,900 posts ROI 28.54% with $1,192/mo cash flow from $4,530/mo rent. Total monthly income equals $4,530/mo, and annual cash flow records $14,298/yr on $165,717 to close. Return on cash invested measures 28.54% and rental yield reads 10.87% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 149.76% and total cumulative return in cash totals $248,172.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer M Carter • S & J Property Management Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3589826
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.