162 Central AveGreenportNY11944
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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 Greenport at 162 Central Ave, Greenport, NY, 11944 offers $4,800/mo rent that, after a $5,384/mo payment. Total monthly income is $4,800/mo. Return on cash invested measures 11.8% in year one, and rental yield stands at 5.24% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 59.91% and total cumulative return in cash reaches $213,535. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
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