305 Fay CourtMattituckNY11952
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Nearby investment properties with comparable prices
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 Mattituck at 305 Fay Court, Mattituck, NY, 11952 priced at $1,985,000 pairs $6,799/mo rent with after a $9,716/mo payment. Total monthly income equals $6,799/mo. Return on cash invested is 8.32% in year one, and rental yield stands at 4.11% on a $1,985,000 basis. Equity gained on principal adds $12,809/yr, and 5% annual appreciation accumulates to $548,419 by year five. Five-year ROI measures 41.27% and total cumulative return in cash reaches $265,418. For financing, Ziffy Mortgage’s DSCR program evaluates $6,799/mo property income against a $9,716/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11952, Mattituck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,640 (58.2%) |
| Renter Occupied HU | 348 (12.4%) |
| Vacant Housing Units | 828 (29.4%) |
| Median Home Value | $743,911 |
| Average Home Value | $850,526 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,897
Multi-Family
0
Businesses
352
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