83 Arpage Drive EShirleyNY11967
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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 Shirley at 83 Arpage Drive E, Shirley, NY, 11967 offers a 7.08% rental yield on a $499,999 purchase with $2,950/mo rent. 1% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 88.4% and total cumulative return in cash at $146,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,950/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,148 sqft 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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Listed by: Laura Kraker ABR E-PRO SRS • Exit Realty Achieve
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #909182
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