117 N Coleman RoadCentereachNY11720
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
Investment property for sale in Centereach at 117 N Coleman Road, Centereach, NY, 11720 uses $225,347 cash to close to unlock $7,038/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $5,160/mo, and a $3,352/mo payment keeps the spread at $587/mo. Purchase price stands at $684,946, and rental yield measures 9.04% with $5,160/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $189,238 over five years. Five-year ROI reaches 121.02% and total cumulative return in cash records $272,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,160/mo property income covering a $3,352/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William R. Zezelic • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #949251