144 Beach AvenueBellmoreNY11710
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 Bellmore at 144 Beach Avenue, Bellmore, NY, 11710 priced at $499,000 converts $4,200/mo rent into $868/mo cash flow after a $2,442/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $10,417/yr on $165,419 invested. Return on cash invested prints 26.21% in year one, and rental yield reads 10.1% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 137.28% and total cumulative return in cash sums $227,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1928
1,820 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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