231 Shelter RoadRonkonkomaNY11779
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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
Investment property for sale in Ronkonkoma at 231 Shelter Road, Ronkonkoma, NY, 11779 at $599,000 posts ROI 24.26% with $690/mo cash flow from $4,690/mo rent. Total monthly income equals $4,690/mo, and annual cash flow records $8,277/yr on $197,071 to close. Return on cash invested measures 24.26% and rental yield reads 9.4% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 126.79% and total cumulative return in cash totals $249,862.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,690/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11779, Ronkonkoma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,049 (100%) |
| Owner Occupied HU | 10,141 (67.4%) |
| Renter Occupied HU | 3,771 (25.1%) |
| Vacant Housing Units | 1,137 ( 7.6%) |
| Median Home Value | $541,987 |
| Average Home Value | $585,166 |
Housing Distribution
Address Breakdown
Residential
13,338
Single Family
11,830
Multi-Family
1,508
Businesses
1,785
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Listed by: Momtha Sharma • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #913292