291 Terry RoadSmithtownNY11787
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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 Smithtown at 291 Terry Road, Smithtown, NY, 11787 with 5% annual appreciation on a $645,626 basis while $4,320/mo rent supports operations. Total monthly income totals $4,320/mo and a $3,160/mo payment preserves $9/mo for cash returns. Annual cash flow comes to $104/yr on $212,411 deployed, and return on cash invested reaches 20.11% in year one. Equity gained on principal adds $4,166/yr, and five-year appreciation sums $178,375 alongside rental yield of 8.03%. Five-year ROI measures 104.53% and total cumulative return in cash totals $222,032.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,320/mo property income versus a $3,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1937
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11787, Smithtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,658 (100%) |
| Owner Occupied HU | 10,580 (83.6%) |
| Renter Occupied HU | 1,536 (12.1%) |
| Vacant Housing Units | 542 ( 4.3%) |
| Median Home Value | $670,029 |
| Average Home Value | $711,847 |
Housing Distribution
Address Breakdown
Residential
12,038
Single Family
11,617
Multi-Family
421
Businesses
1,316
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