1 Louis PlaceOceansideNY11572
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 Oceanside at 1 Louis Place, Oceanside, NY, 11572 priced at $1,049,995 converts $3,736/mo rent into after a $5,139/mo obligation. Total monthly income equals $3,736/mo. Return on cash invested prints 8.82% in year one, and rental yield reads 4.27% against a $1,049,995 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,094 by year five. Five-year ROI reaches 43.92% and total cumulative return in cash sums $149,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,736/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11572, Oceanside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,315 (100%) |
| Owner Occupied HU | 9,480 (83.8%) |
| Renter Occupied HU | 1,490 (13.2%) |
| Vacant Housing Units | 345 ( 3.0%) |
| Median Home Value | $677,989 |
| Average Home Value | $745,440 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
9,858
Multi-Family
748
Businesses
920
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Nearby investment properties with comparable prices
Listed by: Anthony Valenti • Keystone Realty USA Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3549941
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