7 Flamingo DriveSmithtownNY11787
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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 Smithtown at 7 Flamingo Drive, Smithtown, NY, 11787 at $949,000 posts ROI 16.46% with from $5,400/mo rent. Total monthly income equals $5,400/mo. Return on cash invested measures 16.46% and rental yield reads 6.83% at the current $949,000. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 by year five. Five-year ROI prints 84.95% and total cumulative return in cash totals $265,224. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11787, Smithtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,658 (100%) |
| Owner Occupied HU | 10,580 (83.6%) |
| Renter Occupied HU | 1,536 (12.1%) |
| Vacant Housing Units | 542 ( 4.3%) |
| Median Home Value | $670,029 |
| Average Home Value | $711,847 |
Housing Distribution
Address Breakdown
Residential
12,038
Single Family
11,617
Multi-Family
421
Businesses
1,316
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