238 Loop DriveSayvilleNY11782
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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 Sayville at 238 Loop Drive, Sayville, NY, 11782 priced at $719,000 converts $3,410/mo rent into after a $3,519/mo obligation. Total monthly income equals $3,410/mo. Return on cash invested prints 13% in year one, and rental yield reads 5.69% against a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation compiles into $198,646 by year five. Five-year ROI reaches 66.42% and total cumulative return in cash sums $157,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,410/mo property income covering a $3,519/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11782, Sayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 4,657 (64.5%) |
| Renter Occupied HU | 1,127 (15.6%) |
| Vacant Housing Units | 1,431 (19.8%) |
| Median Home Value | $649,913 |
| Average Home Value | $684,253 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,260
Multi-Family
501
Businesses
618
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