103 Northwood CourtBayportNY11705
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 Bayport at 103 Northwood Court, Bayport, NY, 11705 generates $3,612/mo in rent, after a $3,181/mo payment. Total monthly income is $3,612/mo. Return on cash invested sits at 15.97% in year one, and rental yield is 6.67% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 82.35% and total cumulative return in cash sums $176,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,612/mo property income rather than buyer’s personal income.
Condo
Built in 1989
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices