3 Sweetgum LaneMiller PlaceNY11764
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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 Miller Place at 3 Sweetgum Lane, Miller Place, NY, 11764 listed at $1,125,000 pairs $3,788/mo rent with a $5,506/mo payment. Total monthly income runs $3,788/mo. Return on cash invested measures 8.11% in year one, and rental yield registers 4.04% at a $1,125,000 basis. Equity gained on principal adds $7,259/yr, and annual property appreciation at 5% supports $310,817 by year five. Five-year ROI tracks 40.12% and total cumulative return in cash totals $146,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,788/mo property income relative to a $5,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11764, Miller Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,847 (87.7%) |
| Renter Occupied HU | 343 ( 7.8%) |
| Vacant Housing Units | 195 ( 4.4%) |
| Median Home Value | $644,728 |
| Average Home Value | $674,877 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
4,195
Multi-Family
0
Businesses
441
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Listed by: Christine Evola • Aliano Real Estate
Mls Name: OneKey MLS
Mls ID: #952689