49 Redfield RoadIsland ParkNY11558
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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 Island Park at 49 Redfield Road, Island Park, NY, 11558 listed at $1,223,871 pairs $10,728/mo rent with a $5,990/mo payment to leave $2,555/mo cash flow. Total monthly income runs $10,728/mo, and annual cash flow reaches $30,665/yr on $396,534 cash to close. Return on cash invested measures 28.1% in year one, and rental yield registers 10.52% at a $1,223,871 basis. Equity gained on principal adds $7,897/yr, and annual property appreciation at 5% supports $338,133 by year five. Five-year ROI tracks 147.34% and total cumulative return in cash totals $584,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $10,728/mo property income relative to a $5,990/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
5,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
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Nearby investment properties with comparable prices
Listed by: Thomas Tripodi • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3511372
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