6 Paul CtCentereachNY11720
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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 Centereach at 6 Paul Ct, Centereach, NY, 11720 offers a 9.69% rental yield on a $699,900 purchase with $5,653/mo rent. Total monthly income registers $5,653/mo, and a $3,426/mo payment leaves $979/mo available for distribution. Annual cash flow reaches $11,746/yr on $230,267 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 131.62% and total cumulative return in cash at $303,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,653/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
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Nearby investment properties with comparable prices
Listed by: Margaret Tsoukaris • Realty Connect USA LI
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3590322
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