5 Lori LaneMiddle IslandNY11953
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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
Rental property for sale in Middle Island at 5 Lori Lane, Middle Island, NY, 11953 generates $3,079/mo in rent, after a $2,506/mo payment. Total monthly income is $3,079/mo. Return on cash invested sits at 17.64% in year one, and rental yield is 7.22% on a $512,000 entry. Equity gained on principal adds $3,304/yr, while 5% annual appreciation builds toward $141,456 over five years. Five-year ROI reaches 91.27% and total cumulative return in cash sums $153,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,079/mo property income rather than buyer’s personal income.
Condo
Built in 2001
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11953, Middle Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,612 (67.3%) |
| Renter Occupied HU | 1,492 (27.8%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $427,596 |
| Average Home Value | $492,775 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,477
Multi-Family
0
Businesses
352
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Listed by: Panagiota Papazaharias PSA • Redfin Real Estate
Mls Name: OneKey MLS
Mls ID: #895970