1944 Wading River Manor RoadWading RiverNY11792
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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 Wading River at 1944 Wading River Manor Road, Wading River, NY, 11792 uses $279,650 cash to close to unlock $48,242/yr annual cash flow and $4,020/mo monthly cash flow. Total monthly income runs $9,696/mo, and a $4,160/mo payment keeps the spread at $4,020/mo. Purchase price stands at $849,999, and rental yield measures 13.69% with $9,696/mo rent. Return on cash invested shows 37.31% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 196.78% and total cumulative return in cash records $550,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,696/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Listed by: German Nielsen • Newman Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3569062
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