4 Hill DriveRiverheadNY11901
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 4 Hill Drive, Riverhead, NY, 11901 at $380,000 posts ROI 68.09% with $5,057/mo cash flow from $7,595/mo rent. Total monthly income equals $7,595/mo, and annual cash flow records $60,688/yr on $125,970 to close. Return on cash invested measures 68.09% and rental yield reads 23.98% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 361.85% and total cumulative return in cash totals $455,821.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,595/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1943
4,792 sqft 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: Paul M Perrone • Realty Connect USA LI Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3569881
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