Shelter Island, NY — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

0.2%

Below average

Monthly Cash Flow

-$9,668

After all expenses

Price-to-Rent

45.8

Overpriced for rent

DSCR

0.03

Fails

📊 Key Metrics

Median Home Price
$1,863,022
Average Rent (3BR)
$3,520/mo
Price-to-Rent Ratio
45.8(high)
1% Rule
0.20%(fails — need 1%+)
Cash-on-Cash Return
-26.9%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Shelter Island for Investors

11964
Cap Rate: 0.6%Cash Flow: -$8,136/mo$1,700,131
11965
Cap Rate: -0.3%Cash Flow: -$11,201/mo$2,025,914

All Zip Codes in Shelter Island

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
119640.6%-$8,136$1,700,131$4,050/mo0.10
11965-0.3%-$11,201$2,025,914$2,990/mo-0.04