29 Elizabeth LnQuogueNY11959
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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 Quogue at 29 Elizabeth Ln, Quogue, NY, 11959 generates $13,300/mo in rent and, after a $8,932/mo payment, leaves $1,113/mo in cash flow. Total monthly income is $13,300/mo, and annual cash flow is $13,361/yr on $591,300 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 8.75% on a $1,825,000 entry. Equity gained on principal adds $11,776/yr, while 5% annual appreciation builds toward $504,214 over five years. Five-year ROI reaches 117.99% and total cumulative return in cash sums $697,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $13,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11959, Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 581 (35.8%) |
| Renter Occupied HU | 93 ( 5.7%) |
| Vacant Housing Units | 951 (58.5%) |
| Median Home Value | $1,473,485 |
| Average Home Value | $1,379,832 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
185
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