Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$6,495,000
6 bds6 ba6824sqft
55 Shore RdShelter IslandNY11964
1.19%
Gross Yield
-0.69%
ROI
$6,439/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved
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
Explore more listings using simple english
Investment Highlights
Investment property for sale in Shelter Island at 55 Shore Rd, Shelter Island, NY, 11964 projects strong ROI of -0.69%. Rental yield 1.19%. With 5% annual appreciation, the property builds $1,794,449 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1985
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11964, Shelter Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,130 (100%) |
| Owner Occupied HU | 514 (45.5%) |
| Renter Occupied HU | 157 (13.9%) |
| Vacant Housing Units | 459 (40.6%) |
| Median Home Value | $939,167 |
| Average Home Value | $1,071,080 |
Housing Distribution
Address Breakdown
Residential
52
Single Family
52
Multi-Family
0
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved
Listed by: Peter M. McCracken - Associate Real Estate Broker • Corcoran Group
Mls Name: Out East
Mls ID: #389521