8 Stratler DriveShirleyNY11967
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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 Shirley at 8 Stratler Drive, Shirley, NY, 11967 priced at $555,000 converts $4,200/mo rent into $494/mo cash flow after a $2,716/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $5,931/yr on $182,595 invested. Return on cash invested prints 23.31% in year one, and rental yield reads 9.08% against a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation compiles into $153,336 by year five. Five-year ROI reaches 121.7% and total cumulative return in cash sums $222,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,716/mo payment, not borrower’s personal income.
Single Family
Built in 1988
4.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11967, Shirley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 6,830 (79.9%) |
| Renter Occupied HU | 1,248 (14.6%) |
| Vacant Housing Units | 472 ( 5.5%) |
| Median Home Value | $456,058 |
| Average Home Value | $508,929 |
Housing Distribution
Address Breakdown
Residential
8,270
Single Family
8,270
Multi-Family
0
Businesses
497
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