57 Richmond Boulevard #2BRonkonkomaNY11779
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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 57 Richmond Boulevard #2B, Ronkonkoma, NY, 11779 earns $659/mo cash flow from $2,830/mo rent with a $1,591/mo payment. Total monthly income totals $2,830/mo, and annual cash flow totals $7,913/yr on $107,738 capital. ROI tracks 27.25% on current figures, and rental yield reads 10.45% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 142.89% and total cumulative return in cash sums $153,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,830/mo property income instead of your personal income.
Condo
Built in 1973
2,614 sqft 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: Natalie Affenita • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #907841