60 Bierstine LanePine islandNY10969
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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 Pine island at 60 Bierstine Lane, Pine island, NY, 10969 offers a 4.97% rental yield on a $725,000 purchase with $3,000/mo rent. 79% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 54.59% and total cumulative return in cash at $130,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
24.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10969, Pine Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 381 (71.1%) |
| Renter Occupied HU | 88 (16.4%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $529,647 |
| Average Home Value | $570,171 |
Housing Distribution
Address Breakdown
Residential
361
Single Family
361
Multi-Family
0
Businesses
112
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Listed by: Nael K. Dassan • Century 21 Elite Realty
Mls Name: OneKey MLS
Mls ID: #932029