68 Vineyard WayRiverheadNY11901
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 Riverhead at 68 Vineyard Way, Riverhead, NY, 11901 offers a 4.23% rental yield on a $1,049,990 purchase with $3,701/mo rent. 69% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,093 over five years. Portfolio math shows five-year ROI at 43.26% and total cumulative return in cash at $147,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,701/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.71 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices