75 Springtime Road UNIT 75East NorthportNY11731
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
Investment Highlights
Investment property for sale in East Northport at 75 Springtime Road UNIT 75, East Northport, NY, 11731 listed at $958,000 pairs $3,000/mo rent with a $4,689/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 4.1% in year one, and rental yield registers 3.76% at a $958,000 basis. Equity gained on principal adds $6,182/yr, and annual property appreciation at 5% supports $264,678 by year five. Five-year ROI tracks 19.79% and total cumulative return in cash totals $62,369. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $4,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
2,458 sqft lot
$N/A/sqft
$794 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11731, East Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,767 (100%) |
| Owner Occupied HU | 9,316 (86.5%) |
| Renter Occupied HU | 1,061 ( 9.9%) |
| Vacant Housing Units | 390 ( 3.6%) |
| Median Home Value | $653,565 |
| Average Home Value | $708,872 |
Housing Distribution
Address Breakdown
Residential
10,064
Single Family
10,033
Multi-Family
31
Businesses
764
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Listed by: Marilyn Perla • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3571305
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