68 Joyce DrHauppaugeNY11788
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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
Rental property for sale in Hauppauge at 68 Joyce Dr, Hauppauge, NY, 11788 priced at $936,900 pairs $6,983/mo rent with $726/mo cash flow after a $4,586/mo payment. Total monthly income equals $6,983/mo, and annual cash flow comes to $8,714/yr on $308,240 invested. Return on cash invested is 22.89% in year one, and rental yield stands at 8.94% on a $936,900 basis. Equity gained on principal adds $6,046/yr, and 5% annual appreciation accumulates to $258,848 by year five. Five-year ROI measures 119.43% and total cumulative return in cash reaches $368,129. For financing, Ziffy Mortgage’s DSCR program evaluates $6,983/mo property income against a $4,586/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11788, Hauppauge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,999 (100%) |
| Owner Occupied HU | 4,653 (77.6%) |
| Renter Occupied HU | 1,164 (19.4%) |
| Vacant Housing Units | 182 ( 3.0%) |
| Median Home Value | $675,708 |
| Average Home Value | $706,358 |
Housing Distribution
Address Breakdown
Residential
5,781
Single Family
4,916
Multi-Family
865
Businesses
1,696
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