156 Berkshire DrFarmingvilleNY11738
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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 156 Berkshire Dr, Farmingville, NY, 11738 offers $3,346/mo rent that, after a $2,203/mo payment, leaves $341/mo cash flow. Total monthly income is $3,346/mo, and annual cash flow is $4,086/yr on $149,175 cash. Return on cash invested measures 22.65% in year one, and rental yield stands at 8.92% at a $449,999 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,326 by year five. Five-year ROI records 118.18% and total cumulative return in cash reaches $176,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,346/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
N/A 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: Victor Stabile • Douglas Elliman
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #L3583488