98 Andrew AvenueIslip TerraceNY11752
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.69% gross rental yield, 98 Andrew Avenue, Islip Terrace, NY, 11752 in Islip Terrace is priced for capital growth, not immediate cash flow. The $670,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $185,109 by year five, with $6,171/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.87) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $136,203.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(1,855) | $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 | $2,620 |
| Total Monthly Debt Service | $4,208 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11752, Islip Terrace, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 2,707 (81.5%) |
| Renter Occupied HU | 506 (15.2%) |
| Vacant Housing Units | 107 ( 3.2%) |
| Median Home Value | $575,000 |
| Average Home Value | $647,536 |
Housing Distribution
Address Breakdown
Residential
3,141
Single Family
3,141
Multi-Family
0
Businesses
197
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 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11752, Islip Terrace, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 2,707 (81.5%) |
| Renter Occupied HU | 506 (15.2%) |
| Vacant Housing Units | 107 ( 3.2%) |
| Median Home Value | $575,000 |
| Average Home Value | $647,536 |
Housing Distribution
Address Breakdown
Residential
3,141
Single Family
3,141
Multi-Family
0
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: OneKey MLS as distributed by MLS GRID
Mls ID: #974517