8 Eileen LnManorvilleNY11949
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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 Manorville at 8 Eileen Ln, Manorville, NY, 11949 priced at $675,000 converts $7,097/mo rent into $2,589/mo cash flow after a $3,304/mo obligation. Total monthly income equals $7,097/mo, and annual cash flow totals $31,071/yr on $222,075 invested. Return on cash invested prints 34.05% in year one, and rental yield reads 12.62% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 179.3% and total cumulative return in cash sums $398,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,097/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11949, Manorville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,716 (100%) |
| Owner Occupied HU | 4,457 (78.0%) |
| Renter Occupied HU | 1,009 (17.7%) |
| Vacant Housing Units | 250 ( 4.4%) |
| Median Home Value | $602,181 |
| Average Home Value | $597,499 |
Housing Distribution
Address Breakdown
Residential
5,469
Single Family
5,469
Multi-Family
0
Businesses
244
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Listed by: Thomas Stoebe - Real Estate Broker • Stoebe & Co.
Mls Name: Out East
Mls ID: #383198