489 Eastern StRonkonkomaNY11779
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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 489 Eastern St, Ronkonkoma, NY, 11779 with 5% annual appreciation on a $730,000 basis while $4,274/mo rent supports operations. 06% in year one. Equity gained on principal adds $4,711/yr, and five-year appreciation sums $201,686 alongside rental yield of 7.03%. Five-year ROI measures 88.18% and total cumulative return in cash totals $211,790. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,274/mo property income versus a $3,573/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.27 Acres 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: Amy Kernaghan • REALTY DIRECT NY INC
Mls Name: NY State MLS
Mls ID: #11614105