96 Herod Point RdWading RiverNY11792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 96 Herod Point Rd, Wading River, NY, 11792 offers $4,155/mo rent that, after a $3,911/mo payment. Total monthly income is $4,155/mo. Return on cash invested measures 14.67% in year one, and rental yield stands at 6.24% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 75.37% and total cumulative return in cash reaches $198,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,155/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Connelly - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #391559