119 Noel DriveCentereachNY11720
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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
Investment property for sale in Centereach at 119 Noel Drive, Centereach, NY, 11720 earns $294/mo cash flow from $3,900/mo rent with a $2,643/mo payment. Total monthly income totals $3,900/mo, and annual cash flow totals $3,530/yr on $177,627 capital. ROI tracks 22.05% on current figures, and rental yield reads 8.67% at a $539,900 purchase. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 over five years. Five-year ROI reaches 114.94% and total cumulative return in cash sums $204,163. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,900/mo property income instead of your personal income.
Single Family
Built in 1953
0.41 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
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Listed by: Margaret Tsoukaris • Realty Connect USA LI
Mls Name: OneKey MLS
Mls ID: #938421