126 Cove RoadOyster BayNY11771
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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 Oyster Bay at 126 Cove Road, Oyster Bay, NY, 11771 earns from $4,685/mo rent with a $6,794/mo payment. Total monthly income totals $4,685/mo. ROI tracks 8.14% on current figures, and rental yield reads 4.05% at a $1,388,000 purchase. Equity gained on principal adds $8,957/yr, and 5% annual appreciation supports $383,479 over five years. Five-year ROI reaches 40.27% and total cumulative return in cash sums $181,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,685/mo property income instead of your personal income.
Single Family
Built in 1878
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11771, Oyster Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,522 (100%) |
| Owner Occupied HU | 2,917 (64.5%) |
| Renter Occupied HU | 1,288 (28.5%) |
| Vacant Housing Units | 317 ( 7.0%) |
| Median Home Value | $949,581 |
| Average Home Value | $1,190,249 |
Housing Distribution
Address Breakdown
Residential
3,802
Single Family
3,535
Multi-Family
267
Businesses
507
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Listed by: Mandy J. Laderer • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #924632