1233 Beech Street #35Atlantic BeachNY11509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Atlantic Beach at 1233 Beech Street #35, Atlantic Beach, NY, 11509 offers a 3.68% rental yield on a $1,975,000 purchase with $6,057/mo rent. Equity gained on principal adds $12,744/yr while 5% annual appreciation supports $545,656 over five years. Portfolio math shows five-year ROI at 34.15% and total cumulative return in cash at $218,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,057/mo property income against a $9,667/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
6,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11509, Atlantic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,377 (100%) |
| Owner Occupied HU | 817 (59.3%) |
| Renter Occupied HU | 225 (16.3%) |
| Vacant Housing Units | 335 (24.3%) |
| Median Home Value | $991,102 |
| Average Home Value | $1,201,714 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,187
Multi-Family
9
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Scott • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3567157
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.