27 Kirby LaneRonkonkomaNY11779
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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 Ronkonkoma at 27 Kirby Lane, Ronkonkoma, NY, 11779 offers $4,200/mo rent that, after a $2,447/mo payment, leaves $861/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $10,336/yr on $165,750 cash. Return on cash invested measures 26.14% in year one, and rental yield stands at 10.08% at a $499,999 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 136.94% and total cumulative return in cash reaches $226,975. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11779, Ronkonkoma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,049 (100%) |
| Owner Occupied HU | 10,141 (67.4%) |
| Renter Occupied HU | 3,771 (25.1%) |
| Vacant Housing Units | 1,137 ( 7.6%) |
| Median Home Value | $541,987 |
| Average Home Value | $585,166 |
Housing Distribution
Address Breakdown
Residential
13,338
Single Family
11,830
Multi-Family
1,508
Businesses
1,785
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Listed by: Heather Milheiser • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #938606