150 Ocean AvenueNorthportNY11768
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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 Northport at 150 Ocean Avenue, Northport, NY, 11768 earns from $5,128/mo rent with a $8,321/mo payment. Total monthly income totals $5,128/mo. ROI tracks 6.81% on current figures, and rental yield reads 3.62% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 33.15% and total cumulative return in cash sums $182,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,128/mo property income instead of your personal income.
Single Family
Built in 1902
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11768, Northport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,312 (100%) |
| Owner Occupied HU | 6,721 (80.9%) |
| Renter Occupied HU | 1,135 (13.7%) |
| Vacant Housing Units | 456 ( 5.5%) |
| Median Home Value | $825,295 |
| Average Home Value | $909,302 |
Housing Distribution
Address Breakdown
Residential
7,951
Single Family
7,874
Multi-Family
77
Businesses
658
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