9 Booker DrRiverheadNY11901
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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 Riverhead at 9 Booker Dr, Riverhead, NY, 11901 offers $5,282/mo rent that, after a $2,048/mo payment, leaves $2,488/mo cash flow. Total monthly income is $5,282/mo, and annual cash flow is $29,853/yr on $138,721 cash. Return on cash invested measures 41.43% in year one, and rental yield stands at 15.15% at a $418,465 entry. Equity gained on principal adds $2,700/yr while 5% annual appreciation compounds into $115,614 by year five. Five-year ROI records 218.88% and total cumulative return in cash reaches $303,629. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,282/mo property income versus a $2,048/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11901, Riverhead, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,746 (100%) |
| Owner Occupied HU | 7,418 (58.2%) |
| Renter Occupied HU | 3,718 (29.2%) |
| Vacant Housing Units | 1,610 (12.6%) |
| Median Home Value | $577,542 |
| Average Home Value | $638,820 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,878
Multi-Family
1,081
Businesses
1,459
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