84 Cedar RoadWading RiverNY11792
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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 Wading River at 84 Cedar Road, Wading River, NY, 11792 at $599,000 posts ROI 17.22% with from $3,534/mo rent. Total monthly income equals $3,534/mo. Return on cash invested measures 17.22% and rental yield reads 7.08% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 89.04% and total cumulative return in cash totals $175,474. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,534/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11792, Wading River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,712 (82.3%) |
| Renter Occupied HU | 205 ( 6.2%) |
| Vacant Housing Units | 378 (11.5%) |
| Median Home Value | $662,509 |
| Average Home Value | $707,664 |
Housing Distribution
Address Breakdown
Residential
3,011
Single Family
3,011
Multi-Family
0
Businesses
319
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Listed by: Russell Ficken • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #948389