53 Strathmore Gate DriveStony BrookNY11790
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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 Stony Brook at 53 Strathmore Gate Drive, Stony Brook, NY, 11790 with 5% annual appreciation on a $365,000 basis while $3,160/mo rent supports operations. Total monthly income totals $3,160/mo and a $1,786/mo payment preserves $473/mo for cash returns. Annual cash flow comes to $5,677/yr on $120,998 deployed, and return on cash invested reaches 24.6% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 10.39%. Five-year ROI measures 129.58% and total cumulative return in cash totals $156,787.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,160/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
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: Diana Mellone • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #810286
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