179 Alice AveOceansideNY11572
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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 Oceanside at 179 Alice Ave, Oceanside, NY, 11572 offers $5,540/mo rent that, after a $3,914/mo payment, leaves $200/mo cash flow. Total monthly income is $5,540/mo, and annual cash flow is $2,401/yr on $263,068 cash. Return on cash invested measures 20.97% in year one, and rental yield stands at 8.31% at a $799,600 entry. Equity gained on principal adds $5,160/yr while 5% annual appreciation compounds into $220,915 by year five. Five-year ROI records 109.17% and total cumulative return in cash reaches $287,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,540/mo property income versus a $3,914/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
4,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11572, Oceanside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,315 (100%) |
| Owner Occupied HU | 9,480 (83.8%) |
| Renter Occupied HU | 1,490 (13.2%) |
| Vacant Housing Units | 345 ( 3.0%) |
| Median Home Value | $677,989 |
| Average Home Value | $745,440 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
9,858
Multi-Family
748
Businesses
920
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