40 Drew DrEastportNY11941
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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 Eastport at 40 Drew Dr, Eastport, NY, 11941 priced at $1,099,900 pairs $27,388/mo rent with $20,044/mo cash flow after a $5,383/mo payment. Total monthly income equals $27,388/mo, and annual cash flow comes to $240,522/yr on $356,368 invested. Return on cash invested is 87.86% in year one, and rental yield stands at 29.88% on a $1,099,900 basis. Equity gained on principal adds $7,097/yr, and 5% annual appreciation accumulates to $303,882 by year five. Five-year ROI measures 467.8% and total cumulative return in cash reaches $1,667,100. For financing, Ziffy Mortgage’s DSCR program evaluates $27,388/mo property income against a $5,383/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11941, Eastport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 902 (75.9%) |
| Renter Occupied HU | 149 (12.5%) |
| Vacant Housing Units | 137 (11.5%) |
| Median Home Value | $728,908 |
| Average Home Value | $833,415 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,029
Multi-Family
0
Businesses
178
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