1270 Mara CourtAtlantic 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
Rental property for sale in Atlantic Beach at 1270 Mara Court, Atlantic Beach, NY, 11509 generates $7,560/mo in rent, after a $8,316/mo payment. Total monthly income is $7,560/mo. Return on cash invested sits at 12.12% in year one, and rental yield is 5.34% on a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation builds toward $469,402 over five years. Five-year ROI reaches 61.62% and total cumulative return in cash sums $339,197. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
6,592 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $1,699,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-02 | N/A | N/A | $821 | -6.92% |
| 2022-06-02 | N/A | N/A | $882 | N/A |
| 2021-06-02 | $13871.21 | 8.07% | N/A | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1983
- Architectural Style: Contemporary
- Building Area: 2,972
- Living Area: 2,972 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Ducts
- Cooling: Central Air
- Flooring: Ceramic Tile, Hardwood, Tile, Wood
- Interior Features: Cathedral Ceiling(s), Central Vacuum, Chefs Kitchen, Double Vanity, Eat-in Kitchen, Entrance Foyer, Formal Dining, Granite Counters, His and Hers Closets
- Exterior Features: Garden, Lighting, Mailbox, Rain Gutters
- Parking Features: Attached, Driveway, Garage, Garage Door Opener, On Street, Private
Location
- City: Atlantic Beach
- State: NY
- Subdivision: N/A
- Lot Size: 6,592 sqft
- Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Near Golf Course, Near Shops, Sprinklers In Front, Sprinklers In Rear
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Clubhouse, Other, Park, Playground, Trash
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Lawrence Primary School-#2 School
- Middle School: LAWRENCE MIDDLE SCHOOL AT BROADWAY CAMPUS
- High School: Lawrence Senior High School
What's Special
None
Listed by: Annett C. Ellis • Annett C Ellis Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #869008
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.








