210 Spring LanePeconicNY11958
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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 Peconic at 210 Spring Lane, Peconic, NY, 11958 uses $246,750 cash to close to unlock $26,298/yr annual cash flow and $2,192/mo monthly cash flow. Total monthly income runs $7,200/mo, and a $3,671/mo payment keeps the spread at $2,192/mo. Purchase price stands at $750,000, and rental yield measures 11.52% with $7,200/mo rent. Return on cash invested shows 30.72% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash records $398,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,200/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11958, Peconic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 304 (49.0%) |
| Renter Occupied HU | 64 (10.3%) |
| Vacant Housing Units | 252 (40.6%) |
| Median Home Value | $868,705 |
| Average Home Value | $985,197 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
81
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