89 Rustic RoadCentereachNY11720
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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 Centereach at 89 Rustic Road, Centereach, NY, 11720 priced at $499,803 converts $3,045/mo rent into after a $2,446/mo obligation. Total monthly income equals $3,045/mo. Return on cash invested prints 17.79% in year one, and rental yield reads 7.31% against a $499,803 entry. Equity gained on principal adds $3,225/yr, while 5% annual appreciation compiles into $138,086 by year five. Five-year ROI reaches 92.13% and total cumulative return in cash sums $152,646. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,045/mo property income covering a $2,446/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11720, Centereach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 7,703 (80.6%) |
| Renter Occupied HU | 1,463 (15.3%) |
| Vacant Housing Units | 392 ( 4.1%) |
| Median Home Value | $569,513 |
| Average Home Value | $592,383 |
Housing Distribution
Address Breakdown
Residential
9,013
Single Family
8,753
Multi-Family
260
Businesses
512
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Listed by: Stephanie B. Calinoff • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #889269