75 Split Cedar DrIslandiaNY11749
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Islandia rental at 75 Split Cedar Dr, Islandia, NY, 11749 sits in the solid-income band: 9.75% gross yield, $5,647/mo rent, $1,007/mo net after the $3,125/mo debt service, DSCR 1.81. Entry price of $694,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $191,988 and $6,400/yr in principal reduction bring total cumulative return to $329,731.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $1,007 | $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 | $5,647 |
| Total Monthly Debt Service | $4,364 |
| DSCR Ratio | 1.29x |
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 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11749, Islandia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,583 (100%) |
| Owner Occupied HU | 1,025 (64.8%) |
| Renter Occupied HU | 491 (31.0%) |
| Vacant Housing Units | 67 ( 4.2%) |
| Median Home Value | $579,489 |
| Average Home Value | $661,890 |
Housing Distribution
Address Breakdown
Residential
1,074
Single Family
1,074
Multi-Family
0
Businesses
449
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 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11749, Islandia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,583 (100%) |
| Owner Occupied HU | 1,025 (64.8%) |
| Renter Occupied HU | 491 (31.0%) |
| Vacant Housing Units | 67 ( 4.2%) |
| Median Home Value | $579,489 |
| Average Home Value | $661,890 |
Housing Distribution
Address Breakdown
Residential
1,074
Single Family
1,074
Multi-Family
0
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices