1703 Aerie Way UNIT 1703East QuogueNY11942
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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 East Quogue at 1703 Aerie Way UNIT 1703, East Quogue, NY, 11942 earns $3,318/mo cash flow from $6,254/mo rent with a $1,782/mo payment. Total monthly income totals $6,254/mo, and annual cash flow totals $39,814/yr on $120,666 capital. ROI tracks 52.9% on current figures, and rental yield reads 20.62% at a $364,000 purchase. Equity gained on principal adds $2,349/yr, and 5% annual appreciation supports $100,566 over five years. Five-year ROI reaches 282.24% and total cumulative return in cash sums $340,565. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,254/mo property income instead of your personal income.
Condo
Built in 2004
1,356 sqft lot
$N/A/sqft
$505 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
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Listed by: David L Radican • Points East Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3532106
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