106 Southern BoulevardHauppaugeNY11788
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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 Hauppauge at 106 Southern Boulevard, Hauppauge, NY, 11788 generates $3,318/mo in rent, after a $5,017/mo payment. Total monthly income is $3,318/mo. Return on cash invested sits at 7.63% in year one, and rental yield is 3.88% on a $1,025,000 entry. Equity gained on principal adds $6,614/yr, while 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 37.54% and total cumulative return in cash sums $124,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,318/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11788, Hauppauge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,999 (100%) |
| Owner Occupied HU | 4,653 (77.6%) |
| Renter Occupied HU | 1,164 (19.4%) |
| Vacant Housing Units | 182 ( 3.0%) |
| Median Home Value | $675,708 |
| Average Home Value | $706,358 |
Housing Distribution
Address Breakdown
Residential
5,781
Single Family
4,916
Multi-Family
865
Businesses
1,696
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