209 Windwatch DriveHauppaugeNY11788
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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
Rental property for sale in Hauppauge at 209 Windwatch Drive, Hauppauge, NY, 11788 priced at $1,049,000 converts $3,318/mo rent into after a $5,134/mo obligation. Total monthly income equals $3,318/mo. Return on cash invested prints 7.35% in year one, and rental yield reads 3.8% against a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation compiles into $289,819 by year five. Five-year ROI reaches 36.07% and total cumulative return in cash sums $122,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,318/mo property income covering a $5,134/mo payment, not borrower’s personal income.
Condo
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11788, Hauppauge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,999 (100%) |
| Owner Occupied HU | 4,653 (77.6%) |
| Renter Occupied HU | 1,164 (19.4%) |
| Vacant Housing Units | 182 ( 3.0%) |
| Median Home Value | $675,708 |
| Average Home Value | $706,358 |
Housing Distribution
Address Breakdown
Residential
5,781
Single Family
4,916
Multi-Family
865
Businesses
1,696
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