89 Carlton AveMasticNY11950
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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
Rental property for sale in Mastic at 89 Carlton Ave, Mastic, NY, 11950 priced at $345,000 pairs $3,584/mo rent with $1,280/mo cash flow after a $1,689/mo payment. Total monthly income equals $3,584/mo, and annual cash flow comes to $15,357/yr on $114,368 invested. Return on cash invested is 33.34% in year one, and rental yield stands at 12.47% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 175.49% and total cumulative return in cash reaches $200,704. For financing, Ziffy Mortgage’s DSCR program evaluates $3,584/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11950, Mastic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,768 (75.6%) |
| Renter Occupied HU | 990 (19.9%) |
| Vacant Housing Units | 227 ( 4.6%) |
| Median Home Value | $418,746 |
| Average Home Value | $440,624 |
Housing Distribution
Address Breakdown
Residential
4,782
Single Family
4,745
Multi-Family
37
Businesses
202
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