26 Lakeland AvenuePatchogueNY11772
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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 Patchogue at 26 Lakeland Avenue, Patchogue, NY, 11772 with 5% annual appreciation on a $529,900 basis while $4,800/mo rent supports operations. Total monthly income totals $4,800/mo and a $2,594/mo payment preserves $1,261/mo for cash returns. Annual cash flow comes to $15,132/yr on $174,337 deployed, and return on cash invested reaches 28.74% in year one. Equity gained on principal adds $3,419/yr, and five-year appreciation sums $146,402 alongside rental yield of 10.87%. Five-year ROI measures 150.84% and total cumulative return in cash totals $262,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
N/A 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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