15 Eton RoadFarmingvilleNY11738
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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 Farmingville at 15 Eton Road, Farmingville, NY, 11738 offers $5,400/mo rent that, after a $3,813/mo payment, leaves $198/mo cash flow. Total monthly income is $5,400/mo, and annual cash flow is $2,373/yr on $256,291 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 8.32% at a $779,000 entry. Equity gained on principal adds $5,027/yr while 5% annual appreciation compounds into $215,223 by year five. Five-year ROI records 109.23% and total cumulative return in cash reaches $279,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,400/mo property income versus a $3,813/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11738, Farmingville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,865 (100%) |
| Owner Occupied HU | 4,460 (76.0%) |
| Renter Occupied HU | 1,027 (17.5%) |
| Vacant Housing Units | 378 ( 6.4%) |
| Median Home Value | $561,933 |
| Average Home Value | $573,951 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,873
Multi-Family
221
Businesses
410
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Listed by: Melissa A. LoCurto CBR • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #956333