1175 9th StGreenportNY11944
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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 Greenport at 1175 9th St, Greenport, NY, 11944 generates $4,937/mo in rent, after a $4,890/mo payment. Total monthly income is $4,937/mo. Return on cash invested sits at 13.73% in year one, and rental yield is 5.93% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 70.31% and total cumulative return in cash sums $231,086. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,937/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
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