308 5th AveEast NorthportNY11731
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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 East Northport at 308 5th Ave, East Northport, NY, 11731 offers $6,956/mo rent that, after a $3,891/mo payment, leaves $1,647/mo cash flow. Total monthly income is $6,956/mo, and annual cash flow is $19,767/yr on $261,555 cash. Return on cash invested measures 27.62% in year one, and rental yield stands at 10.5% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Five-year ROI records 144.79% and total cumulative return in cash reaches $378,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,956/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11731, East Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,767 (100%) |
| Owner Occupied HU | 9,316 (86.5%) |
| Renter Occupied HU | 1,061 ( 9.9%) |
| Vacant Housing Units | 390 ( 3.6%) |
| Median Home Value | $653,565 |
| Average Home Value | $708,872 |
Housing Distribution
Address Breakdown
Residential
10,064
Single Family
10,033
Multi-Family
31
Businesses
764
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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