12 Valley CircleMiller PlaceNY11764
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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 Miller Place at 12 Valley Circle, Miller Place, NY, 11764 generates $7,440/mo in rent and, after a $3,793/mo payment, leaves $2,265/mo in cash flow. Total monthly income is $7,440/mo, and annual cash flow is $27,179/yr on $254,975 invested. Return on cash invested sits at 30.72% in year one, and rental yield is 11.52% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash sums $411,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11764, Miller Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,847 (87.7%) |
| Renter Occupied HU | 343 ( 7.8%) |
| Vacant Housing Units | 195 ( 4.4%) |
| Median Home Value | $644,728 |
| Average Home Value | $674,877 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
4,195
Multi-Family
0
Businesses
441
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Listed by: Jeffrey Stineback • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #949495