3 Mount Marcy AvenueFarmingvilleNY11738
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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 Farmingville at 3 Mount Marcy Avenue, Farmingville, NY, 11738 offers a 9.67% rental yield on a $669,900 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $3,279/mo payment leaves $926/mo available for distribution. Annual cash flow reaches $11,116/yr on $220,397 to close, and return on cash invested stands at 25.1% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,081 over five years. Portfolio math shows five-year ROI at 131.33% and total cumulative return in cash at $289,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11738, Farmingville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,865 (100%) |
| Owner Occupied HU | 4,460 (76.0%) |
| Renter Occupied HU | 1,027 (17.5%) |
| Vacant Housing Units | 378 ( 6.4%) |
| Median Home Value | $561,933 |
| Average Home Value | $573,951 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,873
Multi-Family
221
Businesses
410
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Listed by: David Oakley • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #952887