8 Tims TrlShelter IslandNY11965
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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
Investment property for sale in Shelter Island at 8 Tims Trl, Shelter Island, NY, 11965 earns $3,639/mo cash flow from $5,776/mo rent with a $1,566/mo payment. Total monthly income totals $5,776/mo, and annual cash flow totals $43,672/yr on $106,080 capital. ROI tracks 61.08% on current figures, and rental yield reads 21.66% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 324.27% and total cumulative return in cash sums $343,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,776/mo property income instead of your personal income.
Single Family
Built in 2024
0.62 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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