42 Crestwood LnFarmingvilleNY11738
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
Rental property for sale in Farmingville at 42 Crestwood Ln, Farmingville, NY, 11738 generates $2,092/mo in rent and, after a $1,468/mo payment, leaves $89/mo in cash flow. Total monthly income is $2,092/mo, and annual cash flow is $1,068/yr on $99,450 invested. Return on cash invested sits at 20.98% in year one, and rental yield is 8.37% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 109.22% and total cumulative return in cash sums $108,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,092/mo property income rather than buyer’s personal income.
Single Family
Built in 1649
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Corriston • Specialty Home Realty LLC
Mls Name: NY State MLS
Mls ID: #11575559