86 Somerton Avenue #86Central IslipNY11722
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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 Central Islip at 86 Somerton Avenue #86, Central Islip, NY, 11722 uses $164,092 cash to close to unlock $1,611/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $3,440/mo, and a $2,423/mo payment keeps the spread at $134/mo. Purchase price stands at $494,999, and rental yield measures 8.34% with $3,440/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 108.76% and total cumulative return in cash records $178,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,440/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Condo
Built in 2017
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11722, Central Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,168 (100%) |
| Owner Occupied HU | 7,332 (65.7%) |
| Renter Occupied HU | 3,261 (29.2%) |
| Vacant Housing Units | 575 ( 5.1%) |
| Median Home Value | $469,487 |
| Average Home Value | $552,376 |
Housing Distribution
Address Breakdown
Residential
9,675
Single Family
8,540
Multi-Family
1,135
Businesses
627
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Listed by: Frank S. Morreale • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #888576