2 Coed LaneFarmingvilleNY11738
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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 Farmingville at 2 Coed Lane, Farmingville, NY, 11738 with 5% annual appreciation on a $559,900 basis while $3,960/mo rent supports operations. Total monthly income totals $3,960/mo and a $2,740/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,658/yr on $184,207 deployed, and return on cash invested reaches 21.5% in year one. Equity gained on principal adds $3,613/yr, and five-year appreciation sums $154,690 alongside rental yield of 8.49%. Five-year ROI measures 112.01% and total cumulative return in cash totals $206,338.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,960/mo property income versus a $2,740/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.35 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
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Listed by: Margaret Tsoukaris • Realty Connect USA LI
Mls Name: OneKey MLS
Mls ID: #948698