90 N Phillips AveSpeonkNY11972
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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 Speonk at 90 N Phillips Ave, Speonk, NY, 11972 priced at $339,000 converts $2,314/mo rent into $50/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,314/mo, and annual cash flow totals $605/yr on $112,379 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 8.19% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 106.39% and total cumulative return in cash sums $119,560. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,314/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11972, Speonk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 417 (100%) |
| Owner Occupied HU | 280 (67.1%) |
| Renter Occupied HU | 65 (15.6%) |
| Vacant Housing Units | 72 (17.3%) |
| Median Home Value | $787,500 |
| Average Home Value | $766,250 |
Housing Distribution
Address Breakdown
Residential
17
Single Family
17
Multi-Family
0
Businesses
115
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