4 3rd AvenueEast IslipNY11730
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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
Investment property for sale in East Islip at 4 3rd Avenue, East Islip, NY, 11730 with 5% annual appreciation on a $599,999 basis while $4,320/mo rent supports operations. Total monthly income totals $4,320/mo and a $2,937/mo payment preserves $313/mo for cash returns. Annual cash flow comes to $3,756/yr on $197,400 deployed, and return on cash invested reaches 21.96% in year one. Equity gained on principal adds $3,872/yr, and five-year appreciation sums $165,769 alongside rental yield of 8.64%. Five-year ROI measures 114.46% and total cumulative return in cash totals $225,947.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,320/mo property income versus a $2,937/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11730, East Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,273 (100%) |
| Owner Occupied HU | 4,156 (78.8%) |
| Renter Occupied HU | 912 (17.3%) |
| Vacant Housing Units | 205 ( 3.9%) |
| Median Home Value | $626,695 |
| Average Home Value | $663,157 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,852
Multi-Family
302
Businesses
429
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Listed by: Leonard Simonetti Jr • Exit Realty All Pro
Mls Name: OneKey MLS
Mls ID: #936436