240 August RdGreenportNY11944
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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 Greenport at 240 August Rd, Greenport, NY, 11944 priced at $1,750,000 pairs $7,603/mo rent with after a $8,565/mo payment. Total monthly income equals $7,603/mo. Return on cash invested is 11.73% in year one, and rental yield stands at 5.21% on a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and 5% annual appreciation accumulates to $483,493 by year five. Five-year ROI measures 59.54% and total cumulative return in cash reaches $337,593. For financing, Ziffy Mortgage’s DSCR program evaluates $7,603/mo property income against a $8,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1600
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
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