1137 Namdac AvenueBay ShoreNY11706
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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 Bay Shore at 1137 Namdac Avenue, Bay Shore, NY, 11706 offers a 11.98% rental yield on a $624,990 purchase with $6,240/mo rent. Total monthly income registers $6,240/mo, and a $3,059/mo payment leaves $2,066/mo available for distribution. Annual cash flow reaches $24,797/yr on $205,622 to close, and return on cash invested stands at 32.12% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,673 over five years. Portfolio math shows five-year ROI at 168.94% and total cumulative return in cash at $347,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,240/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11706, Bay Shore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,234 (100%) |
| Owner Occupied HU | 13,850 (62.3%) |
| Renter Occupied HU | 6,335 (28.5%) |
| Vacant Housing Units | 2,049 ( 9.2%) |
| Median Home Value | $544,434 |
| Average Home Value | $584,595 |
Housing Distribution
Address Breakdown
Residential
17,990
Single Family
16,395
Multi-Family
1,595
Businesses
1,907
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