25 Cherry LaneWading RiverNY11792
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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
Investment property for sale in Wading River at 25 Cherry Lane, Wading River, NY, 11792 earns from $3,670/mo rent with a $2,937/mo payment. Total monthly income totals $3,670/mo. ROI tracks 18.01% on current figures, and rental yield reads 7.34% at a $599,996 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,768 over five years. Five-year ROI reaches 93.26% and total cumulative return in cash sums $184,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,670/mo property income instead of your personal income.
Single Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Listed by: Laura M. Cochran • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #892435