35 N Riley AvenueMattituckNY11952
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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
Rental property for sale in Mattituck at 35 N Riley Avenue, Mattituck, NY, 11952 offers $2,625/mo rent that, after a $2,129/mo payment. Total monthly income is $2,625/mo. Return on cash invested measures 17.58% in year one, and rental yield stands at 7.24% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 91.01% and total cumulative return in cash reaches $131,244. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,625/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,227 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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