8 Sunridge LaneIslipNY11751
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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 Islip at 8 Sunridge Lane, Islip, NY, 11751 priced at $575,999 pairs $3,161/mo rent with after a $2,819/mo payment. Total monthly income equals $3,161/mo. Return on cash invested is 15.72% in year one, and rental yield stands at 6.59% on a $575,999 basis. Equity gained on principal adds $3,717/yr, and 5% annual appreciation accumulates to $159,138 by year five. Five-year ROI measures 81% and total cumulative return in cash reaches $153,492. For financing, Ziffy Mortgage’s DSCR program evaluates $3,161/mo property income against a $2,819/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11751, Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,382 (100%) |
| Owner Occupied HU | 4,210 (78.2%) |
| Renter Occupied HU | 1,009 (18.7%) |
| Vacant Housing Units | 163 ( 3.0%) |
| Median Home Value | $597,072 |
| Average Home Value | $627,016 |
Housing Distribution
Address Breakdown
Residential
5,146
Single Family
5,040
Multi-Family
106
Businesses
411
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