75 Rocky Point Yaphank Road #133Miller PlaceNY11764
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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 Miller Place at 75 Rocky Point Yaphank Road #133, Miller Place, NY, 11764 offers a 9.01% rental yield on a $197,500 purchase with $1,483/mo rent. Total monthly income registers $1,483/mo, and a $967/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,965/yr on $65,471 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Portfolio math shows five-year ROI at 119.6% and total cumulative return in cash at $78,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11764, Miller Place, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,847 (87.7%) |
| Renter Occupied HU | 343 ( 7.8%) |
| Vacant Housing Units | 195 ( 4.4%) |
| Median Home Value | $644,728 |
| Average Home Value | $674,877 |
Housing Distribution
Address Breakdown
Residential
4,195
Single Family
4,195
Multi-Family
0
Businesses
441
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Listed by: Donna Mello • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #929490