669 Flanders Rd, Riverhead, NY, 11901 | ROI: 1.1%

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Riverhead at 669 Flanders Rd, Riverhead, NY, 11901 projects strong ROI of 1.1%. Rental yield 1.77%. With 5% annual appreciation, the property builds $690,704 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.56%, translating into $20,703 in total cumulative return on $810,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in N/A

N/A 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