880 W Mill RdMattituckNY11952
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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 Mattituck at 880 W Mill Rd, Mattituck, NY, 11952 priced at $1,629,000 converts $4,956/mo rent into after a $7,973/mo obligation. Total monthly income equals $4,956/mo. Return on cash invested prints 6.91% in year one, and rental yield reads 3.65% against a $1,629,000 entry. Equity gained on principal adds $10,512/yr, while 5% annual appreciation compiles into $450,063 by year five. Five-year ROI reaches 33.66% and total cumulative return in cash sums $177,672. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,956/mo property income covering a $7,973/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11952, Mattituck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,640 (58.2%) |
| Renter Occupied HU | 348 (12.4%) |
| Vacant Housing Units | 828 (29.4%) |
| Median Home Value | $743,911 |
| Average Home Value | $850,526 |
Housing Distribution
Address Breakdown
Residential
1,897
Single Family
1,897
Multi-Family
0
Businesses
352
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