7 Shipyard LaneSetauketNY11733
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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 Setauket at 7 Shipyard Lane, Setauket, NY, 11733 offers $4,609/mo rent that, after a $6,652/mo payment. Total monthly income is $4,609/mo. Return on cash invested measures 8.2% in year one, and rental yield stands at 4.07% at a $1,359,000 entry. Equity gained on principal adds $8,769/yr while 5% annual appreciation compounds into $375,467 by year five. Five-year ROI records 40.6% and total cumulative return in cash reaches $178,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,609/mo property income versus a $6,652/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11733, East Setauket, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,801 (100%) |
| Owner Occupied HU | 5,867 (86.3%) |
| Renter Occupied HU | 572 ( 8.4%) |
| Vacant Housing Units | 362 ( 5.3%) |
| Median Home Value | $680,992 |
| Average Home Value | $767,072 |
Housing Distribution
Address Breakdown
Residential
6,109
Single Family
5,795
Multi-Family
314
Businesses
768
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