14 Towne LaneCentereachNY11720
Nearby investment properties with comparable rents
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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 14 Towne Lane, Centereach, NY, 11720 generates $6,427/mo in rent and, after a $2,545/mo payment, leaves $2,955/mo in cash flow. Total monthly income is $6,427/mo, and annual cash flow is $35,458/yr on $171,047 invested. Return on cash invested sits at 40.79% in year one, and rental yield is 14.83% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 215.43% and total cumulative return in cash sums $368,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,427/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
9,583 sqft 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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Nearby investment properties with comparable prices
Listed by: Margaret Tsoukaris • Realty Connect USA LI
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3575943
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