344 Coolidge DriveCenterportNY11721
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 Centerport at 344 Coolidge Drive, Centerport, NY, 11721 at $399,000 posts ROI 29.48% with $1,055/mo cash flow from $3,720/mo rent. Total monthly income equals $3,720/mo, and annual cash flow records $12,665/yr on $132,269 to close. Return on cash invested measures 29.48% and rental yield reads 11.19% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 154.84% and total cumulative return in cash totals $204,806.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11721, Centerport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,380 (100%) |
| Owner Occupied HU | 2,082 (87.5%) |
| Renter Occupied HU | 191 ( 8.0%) |
| Vacant Housing Units | 107 ( 4.5%) |
| Median Home Value | $798,246 |
| Average Home Value | $907,244 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,340
Multi-Family
4
Businesses
153
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Listed by: Kim E. Schultze CBR GRI SRS • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #925223