9 Deerfield DriveWading 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
Rental property for sale in Wading River at 9 Deerfield Drive, Wading River, NY, 11792 offers $10,505/mo rent that, after a $4,283/mo payment, leaves $4,662/mo cash flow. Total monthly income is $10,505/mo, and annual cash flow is $55,939/yr on $287,875 cash. Return on cash invested measures 39.49% in year one, and rental yield stands at 14.41% at a $874,999 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 208.47% and total cumulative return in cash reaches $600,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $10,505/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.96 Acres 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: Mildred Thomas GRI • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #886670