58 Old Country Rd UNIT 74East QuogueNY11942
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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
Rental property for sale in East Quogue at 58 Old Country Rd UNIT 74, East Quogue, NY, 11942 generates $3,890/mo in rent and, after a $1,948/mo payment, leaves $1,232/mo in cash flow. Total monthly income is $3,890/mo, and annual cash flow is $14,787/yr on $131,937 invested. Return on cash invested sits at 31.12% in year one, and rental yield is 11.73% on a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 163.61% and total cumulative return in cash sums $215,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,890/mo property income rather than buyer’s personal income.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
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