11 Shore DrMastic BeachNY11951
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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
Rental property for sale in Mastic Beach at 11 Shore Dr, Mastic Beach, NY, 11951 offers $2,225/mo rent that, after a $598/mo payment, leaves $1,409/mo cash flow. Total monthly income is $2,225/mo, and annual cash flow is $16,908/yr on $40,517 cash. Return on cash invested measures 61.64% in year one, and rental yield stands at 21.85% at a $122,222 entry. Equity gained on principal adds $789/yr while 5% annual appreciation compounds into $33,768 by year five. Five-year ROI records 327.38% and total cumulative return in cash reaches $132,645. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,225/mo property income versus a $598/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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