34 Grove RoadRocky PtNY11778
Nearby investment properties with comparable rents
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
Investment property for sale in Rocky Pt at 34 Grove Road, Rocky Pt, NY, 11778 at $349,998 posts ROI 22.57% with $257/mo cash flow from $2,594/mo rent. Total monthly income equals $2,594/mo, and annual cash flow records $3,082/yr on $116,024 to close. Return on cash invested measures 22.57% and rental yield reads 8.89% at the current $349,998. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 by year five. Five-year ROI prints 117.73% and total cumulative return in cash totals $136,597.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11778, Rocky Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,110 (100%) |
| Owner Occupied HU | 3,966 (77.6%) |
| Renter Occupied HU | 664 (13.0%) |
| Vacant Housing Units | 480 ( 9.4%) |
| Median Home Value | $506,745 |
| Average Home Value | $549,643 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,622
Multi-Family
0
Businesses
427
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Nearby investment properties with comparable prices
Listed by: Martin G Hammer • H & G Realty New York
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3582697
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