61 Rocky Point Yaphank Rd #58Rocky PointNY11778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 61 Rocky Point Yaphank Rd #58, Rocky Point, NY, 11778 uses $59,667 cash to close to unlock $1,968/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $881/mo payment keeps the spread at $164/mo. Purchase price stands at $179,990, and rental yield measures 9.11% with $1,366/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $49,728 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash records $72,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Willard P. Hough Jr • H & G Realty New York
Mls Name: OneKey MLS
Mls ID: #857762