685 Knapp PlGreenportNY11944
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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 Greenport at 685 Knapp Pl, Greenport, NY, 11944 priced at $595,000 pairs $5,016/mo rent with $1,043/mo cash flow after a $2,912/mo payment. Total monthly income equals $5,016/mo, and annual cash flow comes to $12,515/yr on $195,755 invested. Return on cash invested is 26.45% in year one, and rental yield stands at 10.12% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 138.54% and total cumulative return in cash reaches $271,202. For financing, Ziffy Mortgage’s DSCR program evaluates $5,016/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
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