167 Melody CourtEastportNY11941
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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
Investment property for sale in Eastport at 167 Melody Court, Eastport, NY, 11941 earns from $4,298/mo rent with a $4,772/mo payment. Total monthly income totals $4,298/mo. ROI tracks 11.78% on current figures, and rental yield reads 5.29% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 59.88% and total cumulative return in cash sums $192,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,298/mo property income instead of your personal income.
Condo
Built in 2005
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11941, Eastport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 902 (75.9%) |
| Renter Occupied HU | 149 (12.5%) |
| Vacant Housing Units | 137 (11.5%) |
| Median Home Value | $728,908 |
| Average Home Value | $833,415 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,029
Multi-Family
0
Businesses
178
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