113 Overlook DriveMasticNY11950
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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 Mastic at 113 Overlook Drive, Mastic, NY, 11950 listed at $499,000 pairs $2,684/mo rent with a $2,442/mo payment. Total monthly income runs $2,684/mo. Return on cash invested measures 15.21% in year one, and rental yield registers 6.45% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 78.3% and total cumulative return in cash totals $129,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,684/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11950, Mastic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,985 (100%) |
| Owner Occupied HU | 3,768 (75.6%) |
| Renter Occupied HU | 990 (19.9%) |
| Vacant Housing Units | 227 ( 4.6%) |
| Median Home Value | $418,746 |
| Average Home Value | $440,624 |
Housing Distribution
Address Breakdown
Residential
4,782
Single Family
4,745
Multi-Family
37
Businesses
202
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