70 Forest RoadCentereachNY11720
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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 Centereach at 70 Forest Road, Centereach, NY, 11720 priced at $817,000 pairs $3,900/mo rent with after a $3,999/mo payment. Total monthly income equals $3,900/mo. Return on cash invested is 13.11% in year one, and rental yield stands at 5.73% on a $817,000 basis. Equity gained on principal adds $5,272/yr, and 5% annual appreciation accumulates to $225,722 by year five. Five-year ROI measures 67.03% and total cumulative return in cash reaches $180,161. For financing, Ziffy Mortgage’s DSCR program evaluates $3,900/mo property income against a $3,999/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
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Listed by: Lorna Caridi CBR • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #899167