40 Idle Day DriveCenterportNY11721
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 40 Idle Day Drive, Centerport, NY, 11721 in Centerport. Rental yield 2.63%. At $1,699,000 with 2.63% gross yield, current distributions are modest, but the 5% appreciation rate projects $469,402 in new equity by year five, complemented by $15,648/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.49) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $157,143.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.2% |
| Monthly Cash Flow | $(7,626) | $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 | $3,720 |
| Total Monthly Debt Service | $10,670 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1980
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11721, Centerport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,380 (100%) |
| Owner Occupied HU | 2,082 (87.5%) |
| Renter Occupied HU | 191 ( 8.0%) |
| Vacant Housing Units | 107 ( 4.5%) |
| Median Home Value | $798,246 |
| Average Home Value | $907,244 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,340
Multi-Family
4
Businesses
153
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 1980
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11721, Centerport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,380 (100%) |
| Owner Occupied HU | 2,082 (87.5%) |
| Renter Occupied HU | 191 ( 8.0%) |
| Vacant Housing Units | 107 ( 4.5%) |
| Median Home Value | $798,246 |
| Average Home Value | $907,244 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,340
Multi-Family
4
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Carnevale • North Landing Realty Inc
Mls Name: OneKey MLS
Mls ID: #957416