150 Remsen RoadWading RiverNY11792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wading River at 150 Remsen Road, Wading River, NY, 11792 priced at $950,000 pairs $4,109/mo rent with after a $4,650/mo payment. Total monthly income equals $4,109/mo. Return on cash invested is 11.48% in year one, and rental yield stands at 5.19% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 58.24% and total cumulative return in cash reaches $182,042. For financing, Ziffy Mortgage’s DSCR program evaluates $4,109/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James P. Acierno • Real Broker NY LLC
Mls Name: OneKey MLS
Mls ID: #938972