393 Mill River RdEast NorwichNY11732
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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 East Norwich at 393 Mill River Rd, East Norwich, NY, 11732 projects strong ROI of -4.36%. Rental yield 0%. With 5% annual appreciation, the property builds $2,970,027 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
8.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11732, East Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,155 (100%) |
| Owner Occupied HU | 943 (81.6%) |
| Renter Occupied HU | 162 (14.0%) |
| Vacant Housing Units | 50 ( 4.3%) |
| Median Home Value | $819,331 |
| Average Home Value | $921,538 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
149
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Listed by: Zach Elliott • Nest Seekers
Mls Name: Nest Seekers International
Mls ID: #5205007