59 Irish LaneEast IslipNY11730
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 59 Irish Lane, East Islip, NY, 11730 in East Islip. At $550,000 it earns $4,320/mo in rent and distributes $647/mo to the owner after the $2,473/mo payment, a consistent 9.43% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $151,955 in value; $5,066/yr in principal paydown compounds ownership stake. Total projected return: $251,418.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $647 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,320 |
| Total Monthly Debt Service | $3,454 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1875
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11730, East Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,273 (100%) |
| Owner Occupied HU | 4,156 (78.8%) |
| Renter Occupied HU | 912 (17.3%) |
| Vacant Housing Units | 205 ( 3.9%) |
| Median Home Value | $626,695 |
| Average Home Value | $663,157 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,852
Multi-Family
302
Businesses
429
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
Single Family
Built in 1875
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11730, East Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,273 (100%) |
| Owner Occupied HU | 4,156 (78.8%) |
| Renter Occupied HU | 912 (17.3%) |
| Vacant Housing Units | 205 ( 3.9%) |
| Median Home Value | $626,695 |
| Average Home Value | $663,157 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,852
Multi-Family
302
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Panagiota Papazaharias PSA • Redfin Real Estate
Mls Name: OneKey MLS
Mls ID: #898009