24 E 6th StreetPatchogueNY11772
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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
Total monthly income runs $3,373/mo, and a $2,692/mo payment. Purchase price stands at $549,999, and rental yield measures 7.36% with $3,373/mo rent. Return on cash invested shows 18.07% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 93.62% and total cumulative return in cash records $169,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,373/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11772, Patchogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,762 (100%) |
| Owner Occupied HU | 11,091 (59.1%) |
| Renter Occupied HU | 6,465 (34.5%) |
| Vacant Housing Units | 1,206 ( 6.4%) |
| Median Home Value | $538,754 |
| Average Home Value | $606,322 |
Housing Distribution
Address Breakdown
Residential
17,139
Single Family
14,452
Multi-Family
2,687
Businesses
1,514
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