7 Shady Lane #1Central IslipNY11722
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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
Rental property for sale in Central Islip at 7 Shady Lane #1, Central Islip, NY, 11722 priced at $490,000 converts $3,750/mo rent into $169/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,750/mo, and annual cash flow totals $2,030/yr on $162,435 invested. Return on cash invested prints 21.16% in year one, and rental yield reads 9.18% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 111.03% and total cumulative return in cash sums $180,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,750/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Condo
Built in 1998
1,307 sqft lot
$N/A/sqft
$309 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11722, Central Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,168 (100%) |
| Owner Occupied HU | 7,332 (65.7%) |
| Renter Occupied HU | 3,261 (29.2%) |
| Vacant Housing Units | 575 ( 5.1%) |
| Median Home Value | $469,487 |
| Average Home Value | $552,376 |
Housing Distribution
Address Breakdown
Residential
9,675
Single Family
8,540
Multi-Family
1,135
Businesses
627
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Listed by: Servante S. Parray Lopez • Listing Pro Realty Services
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #876375
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-20 22:18:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)