182 Strathmore Gate DriveStony BrookNY11790
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
Investment property for sale in Stony Brook at 182 Strathmore Gate Drive, Stony Brook, NY, 11790 uses $145,860 cash to close to unlock $10,096/yr annual cash flow and $841/mo monthly cash flow. Total monthly income runs $3,780/mo, and a $2,154/mo payment keeps the spread at $841/mo. Purchase price stands at $440,000, and rental yield measures 10.31% with $3,780/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 140.62% and total cumulative return in cash records $205,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,780/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Condo
Built in 1972
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11790, Stony Brook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,082 (100%) |
| Owner Occupied HU | 4,270 (84.0%) |
| Renter Occupied HU | 581 (11.4%) |
| Vacant Housing Units | 231 ( 4.5%) |
| Median Home Value | $640,591 |
| Average Home Value | $676,963 |
Housing Distribution
Address Breakdown
Residential
4,770
Single Family
4,770
Multi-Family
0
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina M. Amen PSA • American Real Estate Assoc Inc
Mls Name: OneKey MLS
Mls ID: #917698