5 Candy LaneSyossetNY11791
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 Syosset at 5 Candy Lane, Syosset, NY, 11791 priced at $1,388,888 converts $5,104/mo rent into after a $6,798/mo obligation. Total monthly income equals $5,104/mo. Return on cash invested prints 9.25% in year one, and rental yield reads 4.41% against a $1,388,888 entry. Equity gained on principal adds $8,962/yr, while 5% annual appreciation compiles into $383,724 by year five. Five-year ROI reaches 46.24% and total cumulative return in cash sums $208,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,104/mo property income covering a $6,798/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11791, Syosset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,229 (100%) |
| Owner Occupied HU | 7,186 (87.3%) |
| Renter Occupied HU | 649 ( 7.9%) |
| Vacant Housing Units | 394 ( 4.8%) |
| Median Home Value | $913,002 |
| Average Home Value | $1,062,415 |
Housing Distribution
Address Breakdown
Residential
8,117
Single Family
8,022
Multi-Family
95
Businesses
1,080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices