402 Aerie WayEast QuogueNY11942
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 East Quogue at 402 Aerie Way, East Quogue, NY, 11942 offers a 10.99% rental yield on a $559,000 purchase with $5,119/mo rent. Total monthly income registers $5,119/mo, and a $2,736/mo payment leaves $856/mo available for distribution. Annual cash flow reaches $10,273/yr on $183,911 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 135.5% and total cumulative return in cash at $249,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,119/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Sparacino - Real Estate Broker • Re Max Sparrow Realty
Mls Name: Out East
Mls ID: #385212