690 Queen St #1GreenportNY11944
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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 Greenport at 690 Queen St #1, Greenport, NY, 11944 with 5% annual appreciation on a $255,000 basis while $3,600/mo rent supports operations. Total monthly income totals $3,600/mo and a $1,248/mo payment preserves $1,897/mo for cash returns. Annual cash flow comes to $22,767/yr on $84,533 deployed, and return on cash invested reaches 46.84% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 16.94%. Five-year ROI measures 247.94% and total cumulative return in cash totals $209,588.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
2,800 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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