67 Fairway DriveWading RiverNY11792
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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 Wading River at 67 Fairway Drive, Wading River, NY, 11792 listed at $679,999 pairs $10,505/mo rent with a $3,328/mo payment to leave $5,964/mo cash flow. Total monthly income runs $10,505/mo, and annual cash flow reaches $71,572/yr on $223,720 cash to close. Return on cash invested measures 52.05% in year one, and rental yield registers 18.54% at a $679,999 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 275.83% and total cumulative return in cash totals $617,088. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $10,505/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.57 Acres 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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Listed by: Lillian Rose Worthy • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls ID: #873339