1655 N Thompson DriveBay ShoreNY11706
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 Bay Shore at 1655 N Thompson Drive, Bay Shore, NY, 11706 at $589,888 posts ROI 44.05% with $3,880/mo cash flow from $7,819/mo rent. Total monthly income equals $7,819/mo, and annual cash flow records $46,560/yr on $194,073 to close. Return on cash invested measures 44.05% and rental yield reads 15.91% at the current $589,888. Equity gained on principal adds $3,806/yr, and 5% annual appreciation supports $162,975 by year five. Five-year ROI prints 232.94% and total cumulative return in cash totals $452,069.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,819/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11706, Bay Shore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,234 (100%) |
| Owner Occupied HU | 13,850 (62.3%) |
| Renter Occupied HU | 6,335 (28.5%) |
| Vacant Housing Units | 2,049 ( 9.2%) |
| Median Home Value | $544,434 |
| Average Home Value | $584,595 |
Housing Distribution
Address Breakdown
Residential
17,990
Single Family
16,395
Multi-Family
1,595
Businesses
1,907
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Listed by: Erin Anderson • Plush Properties Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3567760
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.