658 Sound Avenue #E2Wading RiverNY11792
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 Wading River at 658 Sound Avenue #E2, Wading River, NY, 11792 at $129,000 posts ROI 25.86% with $212/mo cash flow from $1,073/mo rent. Total monthly income equals $1,073/mo, and annual cash flow records $2,543/yr on $42,764 to close. Return on cash invested measures 25.86% and rental yield reads 9.98% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 135.37% and total cumulative return in cash totals $57,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Nearby investment properties with comparable prices
Listed by: Dawn R. Madigan • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #809290
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