720 Griffing StreetCutchogueNY11935
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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 Cutchogue at 720 Griffing Street, Cutchogue, NY, 11935 at $1,899,999 posts ROI 85.75% with $33,538/mo cash flow from $46,226/mo rent. Total monthly income equals $46,226/mo, and annual cash flow records $402,452/yr on $615,600 to close. Return on cash invested measures 85.75% and rental yield reads 29.2% at the current $1,899,999. Equity gained on principal adds $12,260/yr, and 5% annual appreciation supports $524,935 by year five. Five-year ROI prints 456.44% and total cumulative return in cash totals $2,809,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $46,226/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11935, Cutchogue, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,239 (56.3%) |
| Renter Occupied HU | 232 (10.5%) |
| Vacant Housing Units | 729 (33.1%) |
| Median Home Value | $895,566 |
| Average Home Value | $1,073,107 |
Housing Distribution
Address Breakdown
Residential
1,714
Single Family
1,714
Multi-Family
0
Businesses
225
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Nearby investment properties with comparable prices
Listed by: Scott V Bennett • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3549424
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.