257 Flanders RoadRiverheadNY11901
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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 Riverhead at 257 Flanders Road, Riverhead, NY, 11901 listed at $499,990 pairs $3,108/mo rent with a $2,447/mo payment. Total monthly income runs $3,108/mo. Return on cash invested measures 18.24% in year one, and rental yield registers 7.46% at a $499,990 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,138 by year five. Five-year ROI tracks 94.54% and total cumulative return in cash totals $156,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,108/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11901, Riverhead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 7,418 (58.2%) |
| Renter Occupied HU | 3,718 (29.2%) |
| Vacant Housing Units | 1,610 (12.6%) |
| Median Home Value | $577,542 |
| Average Home Value | $638,820 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,878
Multi-Family
1,081
Businesses
1,459
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