51 Strathmore Gate DriveStony BrookNY11790
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 Stony Brook at 51 Strathmore Gate Drive, Stony Brook, NY, 11790 priced at $400,000 converts $3,134/mo rent into $213/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,134/mo, and annual cash flow totals $2,552/yr on $132,600 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 9.4% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 114.63% and total cumulative return in cash sums $151,996. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,134/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Condo
Built in 1975
1,307 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11790, Stony Brook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,082 (100%) |
| Owner Occupied HU | 4,270 (84.0%) |
| Renter Occupied HU | 581 (11.4%) |
| Vacant Housing Units | 231 ( 4.5%) |
| Median Home Value | $640,591 |
| Average Home Value | $676,963 |
Housing Distribution
Address Breakdown
Residential
4,770
Single Family
4,770
Multi-Family
0
Businesses
492
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Nearby investment properties with comparable prices
Listed by: Gina M. Amen ABR PSA • American Real Estate Assoc Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #858030
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