9 Hamilton AvenueIsland ParkNY11558
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Island Park rentals match the income profile of 9 Hamilton Avenue, Island Park, NY, 11558. Listed at $569,900, gross rent is $5,040/mo and net cash flow is $1,234/mo, a 10.61% yield well above national averages. DSCR 1.97 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $157,453 by year five with $5,249/yr in annual principal reduction, projecting $296,724 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $1,234 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,040 |
| Total Monthly Debt Service | $3,579 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1949
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11558, Island Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,622 (100%) |
| Owner Occupied HU | 2,170 (59.9%) |
| Renter Occupied HU | 1,242 (34.3%) |
| Vacant Housing Units | 210 ( 5.8%) |
| Median Home Value | $636,537 |
| Average Home Value | $713,471 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
2,709
Multi-Family
327
Businesses
366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian E. Lewis SRES • EXP Realty
Mls Name: OneKey MLS
Mls ID: #958618