60 Jeremy CircleNesconsetNY11767
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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 Nesconset at 60 Jeremy Circle, Nesconset, NY, 11767 priced at $550,000 converts $3,630/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,630/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 7.92% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 102.77% and total cumulative return in cash sums $185,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,630/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Condo
Built in 1993
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11767, Nesconset, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,992 (100%) |
| Owner Occupied HU | 4,230 (84.7%) |
| Renter Occupied HU | 606 (12.1%) |
| Vacant Housing Units | 156 ( 3.1%) |
| Median Home Value | $646,603 |
| Average Home Value | $679,551 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,794
Multi-Family
0
Businesses
405
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