93 Lake StreetIslipNY11751
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
Investment Highlights
Investment property for sale in Islip at 93 Lake Street, Islip, NY, 11751 at $829,000 posts ROI 18.27% with from $5,129/mo rent. Total monthly income equals $5,129/mo. Return on cash invested measures 18.27% and rental yield reads 7.42% at the current $829,000. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 by year five. Five-year ROI prints 94.66% and total cumulative return in cash totals $258,172. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,129/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11751, Islip, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,382 (100%) |
| Owner Occupied HU | 4,210 (78.2%) |
| Renter Occupied HU | 1,009 (18.7%) |
| Vacant Housing Units | 163 ( 3.0%) |
| Median Home Value | $597,072 |
| Average Home Value | $627,016 |
Housing Distribution
Address Breakdown
Residential
5,146
Single Family
5,040
Multi-Family
106
Businesses
411
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