1 Toms Point Lane #6 iPort WashingtonNY11050
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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
Investment property for sale in Port Washington at 1 Toms Point Lane #6 i, Port Washington, NY, 11050 at $599,000 posts ROI 21.09% with $170/mo cash flow from $4,170/mo rent. Total monthly income equals $4,170/mo, and annual cash flow records $2,037/yr on $197,071 to close. Return on cash invested measures 21.09% and rental yield reads 8.35% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 109.8% and total cumulative return in cash totals $216,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
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Listed by: Beth S. Catrone SFR • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #955205