117 Flower RdMastic 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
Investment property for sale in Mastic Beach at 117 Flower Rd, Mastic Beach, NY, 11951 listed at $424,000 pairs $2,565/mo rent with a $2,075/mo payment. Total monthly income runs $2,565/mo. Return on cash invested measures 17.64% in year one, and rental yield registers 7.26% at a $424,000 basis. Equity gained on principal adds $2,736/yr, and annual property appreciation at 5% supports $117,143 by year five. Five-year ROI tracks 91.29% and total cumulative return in cash totals $128,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,565/mo property income relative to a $2,075/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.25 Acres 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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Listed by: Anna Fiore • FIORE REAL ESTATE SALES CORP
Mls Name: NY State MLS
Mls ID: #11536705