491 Smith StCentral IslipNY11722
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
Rental property for sale in Central Islip at 491 Smith St, Central Islip, NY, 11722 priced at $550,000 pairs $3,886/mo rent with $213/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,886/mo, and annual cash flow comes to $2,558/yr on $180,950 invested. Return on cash invested is 21.47% in year one, and rental yield stands at 8.48% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 111.86% and total cumulative return in cash reaches $202,414. For financing, Ziffy Mortgage’s DSCR program evaluates $3,886/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11722, Central Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,168 (100%) |
| Owner Occupied HU | 7,332 (65.7%) |
| Renter Occupied HU | 3,261 (29.2%) |
| Vacant Housing Units | 575 ( 5.1%) |
| Median Home Value | $469,487 |
| Average Home Value | $552,376 |
Housing Distribution
Address Breakdown
Residential
9,675
Single Family
8,540
Multi-Family
1,135
Businesses
627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A