59 Richard AvenueIslip TerraceNY11752
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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
Investment property for sale in Islip Terrace at 59 Richard Avenue, Islip Terrace, NY, 11752 earns $654/mo cash flow from $4,320/mo rent with a $2,687/mo payment. Total monthly income totals $4,320/mo, and annual cash flow totals $7,847/yr on $180,621 capital. ROI tracks 24.4% on current figures, and rental yield reads 9.44% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash sums $230,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,320/mo property income instead of your personal income.
Single Family
Built in 1921
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11752, Islip Terrace, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 2,707 (81.5%) |
| Renter Occupied HU | 506 (15.2%) |
| Vacant Housing Units | 107 ( 3.2%) |
| Median Home Value | $575,000 |
| Average Home Value | $647,536 |
Housing Distribution
Address Breakdown
Residential
3,141
Single Family
3,141
Multi-Family
0
Businesses
197
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Listed by: Allyson Bruetsch SRES • Developing Dreams Realty USA
Mls Name: OneKey MLS
Mls ID: #955316