83 Gauguin Court #83Middle IslandNY11953
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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 Middle Island at 83 Gauguin Court #83, Middle Island, NY, 11953 offers a 8.14% rental yield on a $210,000 purchase with $1,425/mo rent. Total monthly income registers $1,425/mo, and a $1,028/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $270/yr on $69,615 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 105.59% and total cumulative return in cash at $73,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,425/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11953, Middle Island, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,612 (67.3%) |
| Renter Occupied HU | 1,492 (27.8%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $427,596 |
| Average Home Value | $492,775 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,477
Multi-Family
0
Businesses
352
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Listed by: Nicole Chimento • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #952442