651 Windmill AveWest BabylonNY11704
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $699,000, 651 Windmill Ave, West Babylon, NY, 11704 in West Babylon generates $4,768/mo in rent (8.18% yield) but nets only $100/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.52) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $193,121. Total projected return: $273,009.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $100 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,768 |
| Total Monthly Debt Service | $4,390 |
| DSCR Ratio | 1.09x |
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 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11704, West Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 9,671 (69.2%) |
| Renter Occupied HU | 3,727 (26.7%) |
| Vacant Housing Units | 572 ( 4.1%) |
| Median Home Value | $559,630 |
| Average Home Value | $583,775 |
Housing Distribution
Address Breakdown
Residential
12,611
Single Family
11,925
Multi-Family
686
Businesses
1,370
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 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11704, West Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 9,671 (69.2%) |
| Renter Occupied HU | 3,727 (26.7%) |
| Vacant Housing Units | 572 ( 4.1%) |
| Median Home Value | $559,630 |
| Average Home Value | $583,775 |
Housing Distribution
Address Breakdown
Residential
12,611
Single Family
11,925
Multi-Family
686
Businesses
1,370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A