159 Soundview DrivePort WashingtonNY11050
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
Investment property for sale in Port Washington at 159 Soundview Drive, Port Washington, NY, 11050 uses $445,500 cash to close to unlock $64,775/yr annual cash flow and $5,398/mo monthly cash flow. Total monthly income runs $14,580/mo, and a $6,730/mo payment keeps the spread at $5,398/mo. Purchase price stands at $1,375,000, and rental yield measures 12.72% with $14,580/mo rent. Return on cash invested shows 34.91% in year one, and 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 183.83% and total cumulative return in cash records $818,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $14,580/mo property income covering a $6,730/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Giglio ABR CBR SRES • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #922134