8 Lilliput Ln #BShelter Island HeightsNY11965
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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
Total monthly income runs $8,941/mo, and a $8,321/mo payment. Purchase price stands at $1,700,000, and rental yield measures 6.31% with $8,941/mo rent. Return on cash invested shows 15.12% in year one, and 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 77.7% and total cumulative return in cash records $427,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,941/mo property income covering a $8,321/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11965, Shelter Island Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,589 (100%) |
| Owner Occupied HU | 674 (42.4%) |
| Renter Occupied HU | 122 ( 7.7%) |
| Vacant Housing Units | 793 (49.9%) |
| Median Home Value | $995,000 |
| Average Home Value | $1,098,646 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
74
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Listed by: N/A • N/A
Mls Name: Out East
Mls ID: #383564