80 Fairview AvenueIslip TerraceNY11752
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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 Islip Terrace at 80 Fairview Avenue, Islip Terrace, NY, 11752 offers a 3.62% rental yield on a $869,000 purchase with $2,620/mo rent. 7% in year one. Equity gained on principal adds $5,608/yr while 5% annual appreciation supports $240,089 over five years. Portfolio math shows five-year ROI at 32.64% and total cumulative return in cash at $93,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,620/mo property income against a $4,253/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11752, Islip Terrace, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 2,707 (81.5%) |
| Renter Occupied HU | 506 (15.2%) |
| Vacant Housing Units | 107 ( 3.2%) |
| Median Home Value | $575,000 |
| Average Home Value | $647,536 |
Housing Distribution
Address Breakdown
Residential
3,141
Single Family
3,141
Multi-Family
0
Businesses
197
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Listed by: Dana M. Dietrich • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #949906