176 Ocean Walk #17SayvilleNY11782
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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
Rental property for sale in Sayville at 176 Ocean Walk #17, Sayville, NY, 11782 generates $2,557/mo in rent and, after a $1,664/mo payment, leaves $287/mo in cash flow. Total monthly income is $2,557/mo, and annual cash flow is $3,440/yr on $112,710 invested. Return on cash invested sits at 22.96% in year one, and rental yield is 9.02% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 119.85% and total cumulative return in cash sums $135,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,557/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11782, Sayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 4,657 (64.5%) |
| Renter Occupied HU | 1,127 (15.6%) |
| Vacant Housing Units | 1,431 (19.8%) |
| Median Home Value | $649,913 |
| Average Home Value | $684,253 |
Housing Distribution
Address Breakdown
Residential
5,761
Single Family
5,260
Multi-Family
501
Businesses
618
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