7 Evergreen CtEast QuogueNY11942
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 East Quogue at 7 Evergreen Ct, East Quogue, NY, 11942 listed at $999,000 pairs $5,654/mo rent with a $4,890/mo payment. Total monthly income runs $5,654/mo. Return on cash invested measures 16.35% in year one, and rental yield registers 6.79% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 84.35% and total cumulative return in cash totals $277,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,654/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11942, East Quogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,845 (58.6%) |
| Renter Occupied HU | 339 (10.8%) |
| Vacant Housing Units | 965 (30.6%) |
| Median Home Value | $843,043 |
| Average Home Value | $893,469 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
2,439
Multi-Family
96
Businesses
228
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley J Farrell - Associate Real Estate Broker • Corcoran Group
Mls Name: Out East
Mls ID: #386738