6 Florida RdRocky PointNY11778
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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 Rocky Point at 6 Florida Rd, Rocky Point, NY, 11778 with 5% annual appreciation on a $649,900 basis while $5,183/mo rent supports operations. Total monthly income totals $5,183/mo and a $3,181/mo payment preserves $843/mo for cash returns. Annual cash flow comes to $10,116/yr on $213,817 deployed, and return on cash invested reaches 24.79% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 9.57%. Five-year ROI measures 129.65% and total cumulative return in cash totals $277,218.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,183/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11778, Rocky Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,110 (100%) |
| Owner Occupied HU | 3,966 (77.6%) |
| Renter Occupied HU | 664 (13.0%) |
| Vacant Housing Units | 480 ( 9.4%) |
| Median Home Value | $506,745 |
| Average Home Value | $549,643 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,622
Multi-Family
0
Businesses
427
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Listed by: Corinne Rogers • RE MAX SPARROW REALTY
Mls Name: NY State MLS
Mls ID: #11412640