1645 Ruth RoadMattituckNY11952
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 Mattituck at 1645 Ruth Road, Mattituck, NY, 11952 generates $3,594/mo in rent, after a $2,932/mo payment. Total monthly income is $3,594/mo. Return on cash invested sits at 17.59% in year one, and rental yield is 7.2% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 91% and total cumulative return in cash sums $179,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11952, Mattituck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,640 (58.2%) |
| Renter Occupied HU | 348 (12.4%) |
| Vacant Housing Units | 828 (29.4%) |
| Median Home Value | $743,911 |
| Average Home Value | $850,526 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,897
Multi-Family
0
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices