38 Valley RoadNorthportNY11768
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 38 Valley Road, Northport, NY, 11768 in Northport at $899,000 earns $6,186/mo in rent and nets $183/mo after the $4,042/mo payment, a 8.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $248,377 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $8,280/yr in principal paydown, total projected return reaches $354,596.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $183 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,186 |
| Total Monthly Debt Service | $5,646 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
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
Single Family
Built in 1966
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices