187 Horseblock RoadFarmingvilleNY11738
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 Farmingville at 187 Horseblock Road, Farmingville, NY, 11738 priced at $558,000 pairs $5,400/mo rent with $1,674/mo cash flow after a $2,731/mo payment. Total monthly income equals $5,400/mo, and annual cash flow comes to $20,087/yr on $183,582 invested. Return on cash invested is 31% in year one, and rental yield stands at 11.61% on a $558,000 basis. Equity gained on principal adds $3,601/yr, and 5% annual appreciation accumulates to $154,165 by year five. Five-year ROI measures 162.94% and total cumulative return in cash reaches $299,125. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $2,731/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11738, Farmingville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,865 (100%) |
| Owner Occupied HU | 4,460 (76.0%) |
| Renter Occupied HU | 1,027 (17.5%) |
| Vacant Housing Units | 378 ( 6.4%) |
| Median Home Value | $561,933 |
| Average Home Value | $573,951 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,873
Multi-Family
221
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fei Guo • Skylux Realty Inc
Mls Name: OneKey MLS
Mls ID: #946682