653 Main RoadRiverheadNY11901
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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 Riverhead at 653 Main Road, Riverhead, NY, 11901 at $975,000 posts ROI 11.11% with from $4,119/mo rent. Total monthly income equals $4,119/mo. Return on cash invested measures 11.11% and rental yield reads 5.07% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 56.29% and total cumulative return in cash totals $180,567. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,119/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11901, Riverhead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 7,418 (58.2%) |
| Renter Occupied HU | 3,718 (29.2%) |
| Vacant Housing Units | 1,610 (12.6%) |
| Median Home Value | $577,542 |
| Average Home Value | $638,820 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,878
Multi-Family
1,081
Businesses
1,459
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