43 Richmond Boulevard #2ARonkonkomaNY11779
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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
Investment property for sale in Ronkonkoma at 43 Richmond Boulevard #2A, Ronkonkoma, NY, 11779 listed at $335,000 pairs $2,830/mo rent with a $1,640/mo payment to leave $593/mo cash flow. Total monthly income runs $2,830/mo, and annual cash flow reaches $7,111/yr on $111,053 cash to close. Return on cash invested measures 26.31% in year one, and rental yield registers 10.14% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 137.83% and total cumulative return in cash totals $153,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,830/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11779, Ronkonkoma, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,049 (100%) |
| Owner Occupied HU | 10,141 (67.4%) |
| Renter Occupied HU | 3,771 (25.1%) |
| Vacant Housing Units | 1,137 ( 7.6%) |
| Median Home Value | $541,987 |
| Average Home Value | $585,166 |
Housing Distribution
Address Breakdown
Residential
13,338
Single Family
11,830
Multi-Family
1,508
Businesses
1,785
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Listed by: Nikki Taylor Friedman • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #897592