Real Estate Investment Properties for Sale in Islip, NY

Looking for investment property in Islip, NY with high ROI ?

Explore a variety of short-term homes & houses in Islip, NY. Invest wisely with VRBO & Islip, NY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Islip, NY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
32 46th Street Islip, NY Welcome to this beautifully maintained 4-bedroom, 3-bath ranch offering the perfect blend ...	4 beds \| 3 baths \| 1,280 sq.ft.	$719,999	Airbnb cash on cash: 2.99% Traditional cash on cash: 2.78% Airbnb Rental Income: $5240 Traditional Rental Income: $4032 Airbnb ROI: 2.99% Traditional ROI: 2.78%
113 Roosevelt Avenue Islip, NY Beautifully Updated 3 Bedroom Home - Truly Move In Ready! Step into this mint condition ho...	3 beds \| 2 baths \| 1,410 sq.ft.	$625,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.02% Airbnb Rental Income: $2471 Traditional Rental Income: $3445 Airbnb ROI: 0.32% Traditional ROI: 3.02%
36 Pine Street Islip, NY Lovely cape offering classic charm, a first floor-primary bedroom. Spacious living room an...	3 beds \| 1 baths \| 1,008 sq.ft.	$549,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.3% Airbnb Rental Income: $2471 Traditional Rental Income: $3223 Airbnb ROI: 0.67% Traditional ROI: 3.3%
130 Winganhauppauge Road Islip, NY Welcome to 130 Winganhauppauge Road in Islip - a beautifully maintained 4-bedroom, 2.5-bat...	4 beds \| 3 baths \| 1,614 sq.ft.	$650,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 4.35% Airbnb Rental Income: $5240 Traditional Rental Income: $4422 Airbnb ROI: 3.95% Traditional ROI: 4.35%
86 Cardinal Lane #2A Islip, NY Customized second story corner unit in pristine condition, centrally located in the commun...	1 beds \| 1 baths \| 657 sq.ft.	$284,337	Airbnb cash on cash: -4.9% Traditional cash on cash: 2.31% Airbnb Rental Income: $916 Traditional Rental Income: $2507 Airbnb ROI: -4.9% Traditional ROI: 2.31%
27 Spruce Street Islip, NY Charming Cape Cod with Thoughtful Updates Throughout. Welcome home to this beautifully mai...	4 beds \| 1 baths \| 1,131 sq.ft.	$599,990	Airbnb cash on cash: 4.42% Traditional cash on cash: 3.14% Airbnb Rental Income: $5240 Traditional Rental Income: $3462 Airbnb ROI: 4.42% Traditional ROI: 3.14%
2453 Union Boulevard #37A Islip, NY Huge Price Improvement! This Forest Green Community Updated Expansive First Floor 1 Bedroo...	1 beds \| 1 baths \| 900 sq.ft.	$219,999	Airbnb cash on cash: -9.45% Traditional cash on cash: 1.83% Airbnb Rental Income: $916 Traditional Rental Income: $2924 Airbnb ROI: -9.45% Traditional ROI: 1.83%
2449 Union Boulevard #24A Islip, NY Move right into this charming and meticulously maintained one-bedroom co-op located on the...	1 beds \| 1 baths \| 588 sq.ft.	$193,500	Airbnb cash on cash: -9.4% Traditional cash on cash: -1.03% Airbnb Rental Income: $916 Traditional Rental Income: $2112 Airbnb ROI: -9.4% Traditional ROI: -1.03%
1 Bayview Avenue Islip, NY Welcome to 1 Bayview Avenue located in the beautiful and historic Snug Harbor section of I...	4 beds \| 4 baths \| 2,980 sq.ft.	$1,999,999	Airbnb cash on cash: 0.19% Traditional cash on cash: 1.37% Airbnb Rental Income: $5240 Traditional Rental Income: $6377 Airbnb ROI: 0.19% Traditional ROI: 1.37%
150 Main Street #57 Islip, NY Updated in 2023, this charming unit features an open-concept living room and kitchen, 2 sp...	2 beds \| 1 baths \| 550 sq.ft.	$129,990	Airbnb cash on cash: -7.66% Traditional cash on cash: 8.13% Airbnb Rental Income: $1057 Traditional Rental Income: $2666 Airbnb ROI: -7.66% Traditional ROI: 8.13%
20 Whitman Avenue Islip, NY Fantastically updated Cape Cod style with redone floors, freshly painted, gorgeous kitchen...	4 beds \| 2 baths \| 1,197 sq.ft.	$599,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 3.71% Airbnb Rental Income: $5240 Traditional Rental Income: $3830 Airbnb ROI: 4.33% Traditional ROI: 3.71%
2453 D Union Boulevard Islip, NY Welcome to this spacious 2-bedroom deluxe co-op located in the heart of Islip Town! This u...	2 beds \| 1 baths \| 1,000 sq.ft.	$209,990	Airbnb cash on cash: -5.26% Traditional cash on cash: 5.37% Airbnb Rental Income: $1057 Traditional Rental Income: $2808 Airbnb ROI: -5.26% Traditional ROI: 5.37%
2449 (B) #16 A Union Boulevard #16A Islip, NY Welcome to this beautifully updated, main level, deluxe size co-op featuring an open conce...	1 beds \| 1 baths \| 812 sq.ft.	$244,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 5.88% Airbnb Rental Income: $916 Traditional Rental Income: $2454 Airbnb ROI: -2.27% Traditional ROI: 5.88%
2423 Union Boulevard #8B Islip, NY Introducing Unit 8B, a two bedroom, second floor unit within Islip's Forest Green Co-op co...	2 beds \| 1 baths \| 875 sq.ft.	$299,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 5.8% Airbnb Rental Income: $1057 Traditional Rental Income: $2780 Airbnb ROI: -1.62% Traditional ROI: 5.8%
2449 Union Blvd #21A Islip, NY Ground level deluxe 1-bedroom, 1-bath co-op located in a well-maintained complex in the he...	1 beds \| 1 baths \| 850 sq.ft.	$239,999	Airbnb cash on cash: -2.29% Traditional cash on cash: 5.41% Airbnb Rental Income: $916 Traditional Rental Income: $2322 Airbnb ROI: -2.29% Traditional ROI: 5.41%
2453 B Union Boulevard #15A Islip, NY Discover your new beginning in the heart of Islip! This spacious 1-bedroom co-op is a fant...	1 beds \| 1 baths \| 600 sq.ft.	$189,999	Airbnb cash on cash: -9.36% Traditional cash on cash: -0.66% Airbnb Rental Income: $916 Traditional Rental Income: $2144 Airbnb ROI: -9.36% Traditional ROI: -0.66%
26 Charles Circle Islip, NY Welcome to 26 Charles Circle! Impeccably Kept 4 Bedroom, 2 Bath Wide-Line Hi Ranch on Prof...	4 beds \| 2 baths \| 1,800 sq.ft.	$749,990	Airbnb cash on cash: 2.81% Traditional cash on cash: 2.73% Airbnb Rental Income: $5240 Traditional Rental Income: $4119 Airbnb ROI: 2.81% Traditional ROI: 2.73%
150 #4 Main Street Islip, NY Located in a waterfront manufactured home community in Islip, this standout opportunity of...	1 beds \| 1 baths \| 499 sq.ft.	$149,990	Airbnb cash on cash: -6.91% Traditional cash on cash: 5.3% Airbnb Rental Income: $916 Traditional Rental Income: $2326 Airbnb ROI: -6.91% Traditional ROI: 5.3%
47 Smith Avenue Islip, NY Beautifully Updated Colonial in the Heart of Islip South of Montauk. Welcome to this spaci...	4 beds \| 2 baths \| 2,128 sq.ft.	$799,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 2.71% Airbnb Rental Income: $5240 Traditional Rental Income: $4174 Airbnb ROI: 2.71% Traditional ROI: 2.71%
155 Smith Avenue Islip, NY Step into timeless charm and character in this stunning ornate 3-story home in Islip that ...	4 beds \| 2 baths \| 2,100 sq.ft.	$699,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 3.38% Airbnb Rental Income: $5240 Traditional Rental Income: $3985 Airbnb ROI: 3.67% Traditional ROI: 3.38%
17 Windsor Street Islip, NY Welcome to this charming 3-bedroom ranch-style home located in desirable Islip! This home ...	3 beds \| 2 baths \| 1,000 sq.ft.	$619,999	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.04% Airbnb Rental Income: $2471 Traditional Rental Income: $3488 Airbnb ROI: 0.24% Traditional ROI: 3.04%
151 Church Avenue Islip, NY Charming vintage Colonial situated on a prime residential block, offering 4 spacious bedro...	4 beds \| 2 baths \| 2,450 sq.ft.	$950,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.34% Airbnb Rental Income: $5240 Traditional Rental Income: $4440 Airbnb ROI: 2.05% Traditional ROI: 2.34%
2399 Union Boulevard #8B Islip, NY 2 Bedroom UPPER Unit> Needs TLC> SOLD AS IS >Welcome to the Forest Green Community. Locked...	2 beds \| 1 baths \| N/A	$220,000	Airbnb cash on cash: -8.56% Traditional cash on cash: 1.5% Airbnb Rental Income: $1057 Traditional Rental Income: $2788 Airbnb ROI: -8.56% Traditional ROI: 1.5%
28 Bittermint Street Islip, NY Spacious 4-bedroom, 2-bath home offering 9 total rooms and a flexible layout. Features inc...	4 beds \| 2 baths \| 1,260 sq.ft.	$529,000	Airbnb cash on cash: 5.37% Traditional cash on cash: 4.51% Airbnb Rental Income: $5240 Traditional Rental Income: $3749 Airbnb ROI: 5.37% Traditional ROI: 4.51%
111 Fuller Avenue Islip, NY Welcome to 111 Fuller Ave in Islip! This charming, five-bedroom, two-bathroom home situate...	5 beds \| 2 baths \| 2,181 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $4104 Airbnb ROI: N/A Traditional ROI: 3.35%
10 Beech Road Islip, NY Privately gated, prestigious waterfront home in the heart of Bayberry Point Estates. Drive...	5 beds \| 6 baths \| 4,800 sq.ft.	$2,799,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.18% Airbnb Rental Income: $2549 Traditional Rental Income: $9167 Airbnb ROI: -1.61% Traditional ROI: 1.18%
816 Main Street Islip, NY Gorgeous and charming 2-bedroom, 1.5-bath ranch ideally located close to town, beaches, li...	2 beds \| 2 baths \| 1,500 sq.ft.	$599,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 3.22% Airbnb Rental Income: $1057 Traditional Rental Income: $3639 Airbnb ROI: -2.05% Traditional ROI: 3.22%
97 Pardee Avenue Islip, NY Colonial-style home. This home features three bedrooms, two full baths, an eat-in kitchen,...	3 beds \| 2 baths \| 1,751 sq.ft.	$499,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.61% Airbnb Rental Income: $2471 Traditional Rental Income: $3694 Airbnb ROI: -0.3% Traditional ROI: 3.61%
62 Finch Lane #62 Islip, NY Beautiful 2 Bedroom Duplex in desirable Woodlands. Updated kitchen and baths, porcelain fl...	2 beds \| 2 baths \| 812 sq.ft.	$399,990	Airbnb cash on cash: -1.47% Traditional cash on cash: 4.55% Airbnb Rental Income: $1057 Traditional Rental Income: $2949 Airbnb ROI: -1.47% Traditional ROI: 4.55%
24 Bay 3rd Islip, NY "Nestled in one of Islip's most desirable locations south of Montauk, this delightful 1927...	3 beds \| 1 baths \| 1,176 sq.ft.	$549,990	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.22% Airbnb Rental Income: $2471 Traditional Rental Income: $3291 Airbnb ROI: 0.46% Traditional ROI: 3.22%
92 Cardinal Lane #92 Islip, NY The Woodlands at Islip, conveniently located near restaurants, shopping, LIRR, parks, beac...	2 beds \| 2 baths \| 887 sq.ft.	$385,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 4.67% Airbnb Rental Income: $1057 Traditional Rental Income: $2915 Airbnb ROI: -1.48% Traditional ROI: 4.67%
66 40th Street Islip, NY Great property with plenty of potential and ready for your personal touch! This home is pe...	3 beds \| 2 baths \| 1,374 sq.ft.	$550,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.94% Airbnb Rental Income: $2471 Traditional Rental Income: $3527 Airbnb ROI: 1.72% Traditional ROI: 4.94%
229 Ferndale Boulevard Islip, NY This 3 Bedroom, 1 bath in Islip - served by the Islip School District - offers solid bones...	3 beds \| 1 baths \| 1,000 sq.ft.	$525,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.07% Airbnb Rental Income: $2471 Traditional Rental Income: $3116 Airbnb ROI: 0.53% Traditional ROI: 3.07%
147 Church Avenue Islip, NY Prime location South of Montauk Highway! This spacious 4-bedroom home (plus bonus room) of...	4 beds \| 2 baths \| 1,955 sq.ft.	$749,999	Airbnb cash on cash: 2.87% Traditional cash on cash: 2.85% Airbnb Rental Income: $5240 Traditional Rental Income: $4163 Airbnb ROI: 2.87% Traditional ROI: 2.85%
8 Adelphi Street Islip, NY Once, every so often, a property comes along with the perfect combination of elements that...	5 beds \| 4 baths \| 2,448 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $5624 Airbnb ROI: N/A Traditional ROI: 2.67%
96 Finch Lane #2B Islip, NY Gorgeous and Completely Renovated and Updated Second Floor 1 Bedroom End Unit with An Open...	1 beds \| 1 baths \| 750 sq.ft.	$274,999	Airbnb cash on cash: -2.13% Traditional cash on cash: 4.68% Airbnb Rental Income: $916 Traditional Rental Income: $2340 Airbnb ROI: -2.13% Traditional ROI: 4.68%
84 Cardinal Lane #1B Islip, NY Welcome to one of the most sought-after floor plans in the Woodlands at Islip! This desira...	1 beds \| 1 baths \| 680 sq.ft.	$289,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 4.11% Airbnb Rental Income: $916 Traditional Rental Income: $2259 Airbnb ROI: -2.08% Traditional ROI: 4.11%
65 Minuteman Drive Islip, NY Welcome to 65 Minuteman Dr this house offer a lot confort ,convenience,and great potential...	2 beds \| 1 baths \| 970 sq.ft.	$179,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 9.92% Airbnb Rental Income: $3029 Traditional Rental Income: $2729 Airbnb ROI: 7.61% Traditional ROI: 9.92%
2453D Union Blvd #2A Islip, NY Welcome to this well-maintained unit that offers a comfortable layout with generous living...	1 beds \| 1 baths \| 825 sq.ft.	$199,000	Airbnb cash on cash: -2.55% Traditional cash on cash: 7.07% Airbnb Rental Income: $916 Traditional Rental Income: $2393 Airbnb ROI: -2.55% Traditional ROI: 7.07%
209 Moffitt Boulevard Islip, NY Exceptional wide-line ranch style home with a converted garage and rear extension for addi...	4 beds \| 2 baths \| 1,575 sq.ft.	$499,900	Airbnb cash on cash: 5.21% Traditional cash on cash: 5.08% Airbnb Rental Income: $5240 Traditional Rental Income: $4116 Airbnb ROI: 5.21% Traditional ROI: 5.08%

Real Estate investment in Islip, NY

There are 50 properties for sale in the city of Islip . The median list price in Islip is $539,000 and the average price per square foot is $391. In June 2026, the average monthly cash on cash return in Islip is 3.00%. The average monthly rental income in Islip is $3,463.

Islip, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 50 investment properties available for sale in Islip.

In 2026, the best neighborhood to buy investment property is Bay Wood.

The ROI for Short-Term is higher than the Long-Term in Islip with average rental income of $2,471.

Your search for investment property begins and ends here

Investment Property for Sale in Islip, NY

32 46th Street

Islip, NY

4 beds | 3 baths | 1,280 sq.ft.

$719,999

Airbnb cash on cash: 2.99%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $5240

Traditional Rental Income: $4032

Airbnb ROI: 2.99%

Traditional ROI: 2.78%

113 Roosevelt Avenue

Islip, NY

3 beds | 2 baths | 1,410 sq.ft.

$625,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $2471

Traditional Rental Income: $3445

Airbnb ROI: 0.32%

Traditional ROI: 3.02%

36 Pine Street

Islip, NY

3 beds | 1 baths | 1,008 sq.ft.

$549,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $2471

Traditional Rental Income: $3223

Airbnb ROI: 0.67%

Traditional ROI: 3.3%

130 Winganhauppauge Road

Islip, NY

4 beds | 3 baths | 1,614 sq.ft.

$650,000

Airbnb cash on cash: 3.95%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $5240

Traditional Rental Income: $4422

Airbnb ROI: 3.95%

Traditional ROI: 4.35%

86 Cardinal Lane #2A

Islip, NY

1 beds | 1 baths | 657 sq.ft.

$284,337

Airbnb cash on cash: -4.9%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $916

Traditional Rental Income: $2507

Airbnb ROI: -4.9%

Traditional ROI: 2.31%

27 Spruce Street

Islip, NY

4 beds | 1 baths | 1,131 sq.ft.

$599,990

Airbnb cash on cash: 4.42%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $5240

Traditional Rental Income: $3462

Airbnb ROI: 4.42%

Traditional ROI: 3.14%

2453 Union Boulevard #37A

Islip, NY

1 beds | 1 baths | 900 sq.ft.

$219,999

Airbnb cash on cash: -9.45%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $916

Traditional Rental Income: $2924

Airbnb ROI: -9.45%

Traditional ROI: 1.83%

2449 Union Boulevard #24A

Islip, NY

1 beds | 1 baths | 588 sq.ft.

$193,500

Airbnb cash on cash: -9.4%

Traditional cash on cash: -1.03%

Airbnb Rental Income: $916

Traditional Rental Income: $2112

Airbnb ROI: -9.4%