290 E Woodside AvenueEast PatchogueNY11772
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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 East Patchogue at 290 E Woodside Avenue, East Patchogue, NY, 11772 priced at $574,290 pairs $5,520/mo rent with $1,685/mo cash flow after a $2,811/mo payment. Total monthly income equals $5,520/mo, and annual cash flow comes to $20,218/yr on $188,941 invested. Return on cash invested is 30.76% in year one, and rental yield stands at 11.53% on a $574,290 basis. Equity gained on principal adds $3,706/yr, and 5% annual appreciation accumulates to $158,666 by year five. Five-year ROI measures 161.64% and total cumulative return in cash reaches $305,404. For financing, Ziffy Mortgage’s DSCR program evaluates $5,520/mo property income against a $2,811/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.36 Acres 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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Listed by: Steven J. Rainone CBR SRES • Netter Real Estate Inc
Mls Name: OneKey MLS
Mls ID: #940572