11 Bayview AvenueEastportNY11941
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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 Eastport at 11 Bayview Avenue, Eastport, NY, 11941 uses $340,200 cash to close to unlock $203,862/yr annual cash flow and $16,989/mo monthly cash flow. Total monthly income runs $24,000/mo, and a $5,139/mo payment keeps the spread at $16,989/mo. Purchase price stands at $1,050,000, and rental yield measures 27.43% with $24,000/mo rent. Return on cash invested shows 80.29% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 427.22% and total cumulative return in cash records $1,453,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $24,000/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11941, Eastport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 902 (75.9%) |
| Renter Occupied HU | 149 (12.5%) |
| Vacant Housing Units | 137 (11.5%) |
| Median Home Value | $728,908 |
| Average Home Value | $833,415 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,029
Multi-Family
0
Businesses
178
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