12 Jomar RoadShorehamNY11786
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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 Shoreham at 12 Jomar Road, Shoreham, NY, 11786 offers $4,920/mo rent that, after a $3,177/mo payment, leaves $586/mo cash flow. Total monthly income is $4,920/mo, and annual cash flow is $7,027/yr on $213,521 cash. Return on cash invested measures 23.35% in year one, and rental yield stands at 9.1% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 121.92% and total cumulative return in cash reaches $260,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11786, Shoreham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,952 (91.5%) |
| Renter Occupied HU | 91 ( 4.3%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $619,565 |
| Average Home Value | $656,825 |
Housing Distribution
Address Breakdown
Residential
1,903
Single Family
1,903
Multi-Family
0
Businesses
165
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