138 Beach AvenueBellmoreNY11710
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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 Bellmore at 138 Beach Avenue, Bellmore, NY, 11710 uses $193,744 cash to close to unlock $3,214/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $4,200/mo, and a $2,882/mo payment keeps the spread at $268/mo. Purchase price stands at $588,888, and rental yield measures 8.56% with $4,200/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $162,699 over five years. Five-year ROI reaches 113.16% and total cumulative return in cash records $219,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $2,882/mo payment rather than investor’s personal income.
Single Family
Built in 1930
2,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11710, Bellmore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,935 (100%) |
| Owner Occupied HU | 10,258 (85.9%) |
| Renter Occupied HU | 1,331 (11.2%) |
| Vacant Housing Units | 346 ( 2.9%) |
| Median Home Value | $681,688 |
| Average Home Value | $733,626 |
Housing Distribution
Address Breakdown
Residential
11,396
Single Family
11,290
Multi-Family
106
Businesses
1,091
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