18 Landing LnEast 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
Rental property for sale in East Quogue at 18 Landing Ln, East Quogue, NY, 11942 priced at $1,699,000 pairs $7,792/mo rent with after a $8,316/mo payment. Total monthly income equals $7,792/mo. Return on cash invested is 12.62% in year one, and rental yield stands at 5.5% on a $1,699,000 basis. Equity gained on principal adds $10,963/yr, and 5% annual appreciation accumulates to $469,402 by year five. Five-year ROI measures 64.33% and total cumulative return in cash reaches $354,125. For financing, Ziffy Mortgage’s DSCR program evaluates $7,792/mo property income against a $8,316/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.34 Acres lot
$N/A/sqft
No 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: Kelly DiJorio - Real Estate Sales Person • Daniel Gale Sotheby's International Realty
Mls Name: Out East
Mls ID: #387354