202 Aerie WayEast QuogueNY11942
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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 East Quogue at 202 Aerie Way, East Quogue, NY, 11942 offers a 21.41% rental yield on a $343,900 purchase with $6,136/mo rent. Total monthly income registers $6,136/mo, and a $1,683/mo payment leaves $3,335/mo available for distribution. Annual cash flow reaches $40,017/yr on $114,003 to close, and return on cash invested stands at 55.01% in year one. Equity gained on principal adds $2,219/yr while 5% annual appreciation supports $95,013 over five years. Portfolio math shows five-year ROI at 293.64% and total cumulative return in cash at $334,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,136/mo property income against a $1,683/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$505 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
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Listed by: Thomas C. Mangel • Saunders & Associates
Mls Name: NY State MLS
Mls ID: #11323849