12 Michael CourtCentereachNY11720
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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 Centereach at 12 Michael Court, Centereach, NY, 11720 priced at $799,999 pairs $5,393/mo rent with $50/mo cash flow after a $3,916/mo payment. Total monthly income equals $5,393/mo, and annual cash flow comes to $604/yr on $263,200 invested. Return on cash invested is 20.29% in year one, and rental yield stands at 8.09% on a $799,999 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 105.5% and total cumulative return in cash reaches $277,687. For financing, Ziffy Mortgage’s DSCR program evaluates $5,393/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.40 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: Andrew Nieves • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #931021