386 Grove AvenuePatchogueNY11772
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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 Patchogue at 386 Grove Avenue, Patchogue, NY, 11772 at $559,990 posts ROI 26.97% with $1,060/mo cash flow from $4,800/mo rent. Total monthly income equals $4,800/mo, and annual cash flow records $12,724/yr on $184,237 to close. Return on cash invested measures 26.97% and rental yield reads 10.29% at the current $559,990. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,715 by year five. Five-year ROI prints 141.32% and total cumulative return in cash totals $260,354.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11772, Patchogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,762 (100%) |
| Owner Occupied HU | 11,091 (59.1%) |
| Renter Occupied HU | 6,465 (34.5%) |
| Vacant Housing Units | 1,206 ( 6.4%) |
| Median Home Value | $538,754 |
| Average Home Value | $606,322 |
Housing Distribution
Address Breakdown
Residential
17,139
Single Family
14,452
Multi-Family
2,687
Businesses
1,514
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