500 WavecrestMattituckNY11952
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 500 Wavecrest, Mattituck, NY, 11952 in Mattituck deserves attention. This $1,100,000 property earns $24,800/mo in rent, a 27.05% gross yield, and nets $17,438/mo after the $4,946/mo payment. DSCR 5.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $303,910 compounds alongside $10,131/yr in yearly equity build, for a total cumulative return of $1,541,639.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 27.1% | 6.2% |
| Monthly Cash Flow | $17,438 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $24,800 |
| Total Monthly Debt Service | $6,925 |
| DSCR Ratio | 3.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.60 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11952, Mattituck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,640 (58.2%) |
| Renter Occupied HU | 348 (12.4%) |
| Vacant Housing Units | 828 (29.4%) |
| Median Home Value | $743,911 |
| Average Home Value | $850,526 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,897
Multi-Family
0
Businesses
352
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
Single Family
Built in 1967
0.60 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11952, Mattituck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,640 (58.2%) |
| Renter Occupied HU | 348 (12.4%) |
| Vacant Housing Units | 828 (29.4%) |
| Median Home Value | $743,911 |
| Average Home Value | $850,526 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,897
Multi-Family
0
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices