24 Valley RoadEast PatchogueNY11772
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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 East Patchogue at 24 Valley Road, East Patchogue, NY, 11772 priced at $499,987 pairs $4,774/mo rent with $1,435/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,774/mo, and annual cash flow comes to $17,224/yr on $165,746 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 11.46% on a $499,987 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,137 by year five. Five-year ROI measures 159.22% and total cumulative return in cash reaches $263,896. For financing, Ziffy Mortgage’s DSCR program evaluates $4,774/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.25 Acres 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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Listed by: Karina L Mermis • Exit Realty Edge
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3588279
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