49 Dorchester RoadSmithtownNY11787
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 Smithtown at 49 Dorchester Road, Smithtown, NY, 11787 priced at $914,999 pairs $5,400/mo rent with after a $4,478/mo payment. Total monthly income equals $5,400/mo. Return on cash invested is 17.23% in year one, and rental yield stands at 7.08% on a $914,999 basis. Equity gained on principal adds $5,904/yr, and 5% annual appreciation accumulates to $252,797 by year five. Five-year ROI measures 89.1% and total cumulative return in cash reaches $268,229. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $4,478/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11787, Smithtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,658 (100%) |
| Owner Occupied HU | 10,580 (83.6%) |
| Renter Occupied HU | 1,536 (12.1%) |
| Vacant Housing Units | 542 ( 4.3%) |
| Median Home Value | $670,029 |
| Average Home Value | $711,847 |
Housing Distribution
Address Breakdown
Residential
12,038
Single Family
11,617
Multi-Family
421
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices