144 Ocean RoadOcean BeachNY11770
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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 Ocean Beach at 144 Ocean Road, Ocean Beach, NY, 11770 listed at $1,190,000 pairs $4,195/mo rent with a $5,824/mo payment. Total monthly income runs $4,195/mo. Return on cash invested measures 8.69% in year one, and rental yield registers 4.23% at a $1,190,000 basis. Equity gained on principal adds $7,679/yr, and annual property appreciation at 5% supports $328,775 by year five. Five-year ROI tracks 43.26% and total cumulative return in cash totals $166,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,195/mo property income relative to a $5,824/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11770, Ocean Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 214 (11.0%) |
| Renter Occupied HU | 45 ( 2.3%) |
| Vacant Housing Units | 1,693 (86.7%) |
| Median Home Value | $702,500 |
| Average Home Value | $828,294 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
70
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Listed by: Lisa Campbell • Netter Real Estate Inc
Mls Name: OneKey MLS
Mls ID: #890172