389 Sweezy AvenueRiverheadNY11901
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 Riverhead at 389 Sweezy Avenue, Riverhead, NY, 11901 listed at $1,475,000 pairs $7,719/mo rent with a $7,219/mo payment. Total monthly income runs $7,719/mo. Return on cash invested measures 15.02% in year one, and rental yield registers 6.28% at a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and annual property appreciation at 5% supports $407,515 by year five. Five-year ROI tracks 77.18% and total cumulative return in cash totals $368,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,719/mo property income relative to a $7,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1929
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11901, Riverhead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 7,418 (58.2%) |
| Renter Occupied HU | 3,718 (29.2%) |
| Vacant Housing Units | 1,610 (12.6%) |
| Median Home Value | $577,542 |
| Average Home Value | $638,820 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,878
Multi-Family
1,081
Businesses
1,459
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Listed by: Malgorzata Chrzanowski • Coldwell Banker M&D Good Life
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #822674
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