1 Esplanade DrEast PatchogueNY11772
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
Rental property for sale in East Patchogue at 1 Esplanade Dr, East Patchogue, NY, 11772 priced at $1,398,000 converts $6,282/mo rent into after a $6,843/mo obligation. Total monthly income equals $6,282/mo. Return on cash invested prints 12.28% in year one, and rental yield reads 5.39% against a $1,398,000 entry. Equity gained on principal adds $9,021/yr, while 5% annual appreciation compiles into $386,242 by year five. Five-year ROI reaches 62.48% and total cumulative return in cash sums $282,999. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,282/mo property income covering a $6,843/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11772, Patchogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,762 (100%) |
| Owner Occupied HU | 11,091 (59.1%) |
| Renter Occupied HU | 6,465 (34.5%) |
| Vacant Housing Units | 1,206 ( 6.4%) |
| Median Home Value | $538,754 |
| Average Home Value | $606,322 |
Housing Distribution
Address Breakdown
Residential
17,139
Single Family
14,452
Multi-Family
2,687
Businesses
1,514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Anne Daly • Douglas Elliman
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #LP1439516