200 N Side RoadWading RiverNY11792
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 Wading River at 200 N Side Road, Wading River, NY, 11792 priced at $599,000 converts $3,799/mo rent into after a $2,932/mo obligation. Total monthly income equals $3,799/mo. Return on cash invested prints 18.84% in year one, and rental yield reads 7.61% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 97.69% and total cumulative return in cash sums $192,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,799/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mathias Coni • Oversouth LLC
Mls Name: OneKey MLS
Mls ID: #951735