14 Bayview RdRemsenburgNY11960
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 Remsenburg at 14 Bayview Rd, Remsenburg, NY, 11960 priced at $895,000 converts $8,300/mo rent into $2,323/mo cash flow after a $4,381/mo obligation. Total monthly income equals $8,300/mo, and annual cash flow totals $27,875/yr on $294,455 invested. Return on cash invested prints 29.53% in year one, and rental yield reads 11.13% against a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation compiles into $247,272 by year five. Five-year ROI reaches 155.02% and total cumulative return in cash sums $456,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,300/mo property income covering a $4,381/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11960, Remsenburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 591 (55.5%) |
| Renter Occupied HU | 118 (11.1%) |
| Vacant Housing Units | 355 (33.4%) |
| Median Home Value | $1,150,240 |
| Average Home Value | $1,238,621 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
45
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Listed by: Linda Nasta - Associate Real Estate Broker • Corcoran Group
Mls Name: Out East
Mls ID: #391649