140 & 144 Damascus RdEast QuogueNY11942
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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 East Quogue at 140 & 144 Damascus Rd, East Quogue, NY, 11942 projects strong ROI of 4.46%. Rental yield 2.86%. With 5% annual appreciation, the property builds $1,353,780 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.57%, translating into $326,630 in total cumulative return on $1,587,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1999
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
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Listed by: Palmer Gaget - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #388949