14 Whitestone RoadSound BeachNY11789
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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
Rental property for sale in Sound Beach at 14 Whitestone Road, Sound Beach, NY, 11789 generates $2,228/mo in rent and, after a $1,561/mo payment, leaves $98/mo in cash flow. Total monthly income is $2,228/mo, and annual cash flow is $1,177/yr on $105,749 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 8.38% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 109.49% and total cumulative return in cash sums $115,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11789, Sound Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,940 (100%) |
| Owner Occupied HU | 2,279 (77.5%) |
| Renter Occupied HU | 434 (14.8%) |
| Vacant Housing Units | 227 ( 7.7%) |
| Median Home Value | $503,567 |
| Average Home Value | $555,029 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
79
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Listed by: Daniel T. Bourke • Serhant LLC
Mls Name: OneKey MLS
Mls ID: #915329