89 Hamlet DriveCommackNY11725
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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 Commack at 89 Hamlet Drive, Commack, NY, 11725 generates $2,599/mo in rent, after a $6,681/mo payment. Total monthly income is $2,599/mo. Return on cash invested sits at 2.69% in year one, and rental yield is 2.28% on a $1,365,000 entry. Equity gained on principal adds $8,808/yr, while 5% annual appreciation builds toward $377,124 over five years. Five-year ROI reaches 11.06% and total cumulative return in cash sums $48,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,599/mo property income rather than buyer’s personal income.
Condo
Built in 1996
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11725, Commack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,857 (100%) |
| Owner Occupied HU | 8,698 (88.2%) |
| Renter Occupied HU | 888 ( 9.0%) |
| Vacant Housing Units | 271 ( 2.7%) |
| Median Home Value | $666,484 |
| Average Home Value | $703,732 |
Housing Distribution
Address Breakdown
Residential
9,552
Single Family
9,335
Multi-Family
217
Businesses
1,280
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