43 Halley LaneMiller PlaceNY11764
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
Total monthly income runs $2,598/mo, and a $3,225/mo payment. Purchase price stands at $659,000, and rental yield measures 4.73% with $2,598/mo rent. Return on cash invested shows 10.09% in year one, and 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 50.77% and total cumulative return in cash records $110,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,598/mo property income covering a $3,225/mo payment rather than investor’s personal income.
Condo
Built in 2004
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11764, Miller Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,847 (87.7%) |
| Renter Occupied HU | 343 ( 7.8%) |
| Vacant Housing Units | 195 ( 4.4%) |
| Median Home Value | $644,728 |
| Average Home Value | $674,877 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
4,195
Multi-Family
0
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carmela Urso • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #910906