4 Apple LaneWading RiverNY11792
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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
Total monthly income runs $4,750/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 3.8% with $4,750/mo rent. Return on cash invested shows 7.36% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 36.13% and total cumulative return in cash records $175,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,750/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Listed by: Kathleen Coughlan CBR • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #904801