4 Highland AvenueFarmingvilleNY11738
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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
Rental property for sale in Farmingville at 4 Highland Avenue, Farmingville, NY, 11738 priced at $599,000 pairs $3,960/mo rent with after a $2,932/mo payment. Total monthly income equals $3,960/mo. Return on cash invested is 19.82% in year one, and rental yield stands at 7.93% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 102.95% and total cumulative return in cash reaches $202,894. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11738, Farmingville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,865 (100%) |
| Owner Occupied HU | 4,460 (76.0%) |
| Renter Occupied HU | 1,027 (17.5%) |
| Vacant Housing Units | 378 ( 6.4%) |
| Median Home Value | $561,933 |
| Average Home Value | $573,951 |
Housing Distribution
Address Breakdown
Residential
5,094
Single Family
4,873
Multi-Family
221
Businesses
410
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Listed by: Tina Jahrsdoerfer • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #890822