1231 Wading River Manorville RoadWading RiverNY11792
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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 Wading River at 1231 Wading River Manorville Road, Wading River, NY, 11792 earns from $3,843/mo rent with a $4,307/mo payment. Total monthly income totals $3,843/mo. ROI tracks 11.63% on current figures, and rental yield reads 5.24% at a $880,000 purchase. Equity gained on principal adds $5,679/yr, and 5% annual appreciation supports $243,128 over five years. Five-year ROI reaches 59.07% and total cumulative return in cash sums $171,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,843/mo property income instead of your personal income.
Single Family
Built in 1993
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Listed by: Emily Bermudez Lopez • Exit Realty Achieve
Mls Name: OneKey MLS
Mls ID: #887084