37 Fiesta DriveCentereachNY11720
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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
Investment property for sale in Centereach at 37 Fiesta Drive, Centereach, NY, 11720 offers a 10.13% rental yield on a $700,000 purchase with $5,908/mo rent. Total monthly income registers $5,908/mo, and a $3,426/mo payment leaves $1,234/mo available for distribution. Annual cash flow reaches $14,804/yr on $230,300 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 138.74% and total cumulative return in cash at $319,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,908/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
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Listed by: Kerri Passamenti • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #929757