2 Anchorage Lane #3BOyster BayNY11771
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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 Oyster Bay at 2 Anchorage Lane #3B, Oyster Bay, NY, 11771 earns $767/mo cash flow from $3,164/mo rent with a $1,757/mo payment. Total monthly income totals $3,164/mo, and annual cash flow totals $9,201/yr on $119,009 capital. ROI tracks 27.64% on current figures, and rental yield reads 10.58% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 144.94% and total cumulative return in cash sums $172,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,164/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11771, Oyster Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,522 (100%) |
| Owner Occupied HU | 2,917 (64.5%) |
| Renter Occupied HU | 1,288 (28.5%) |
| Vacant Housing Units | 317 ( 7.0%) |
| Median Home Value | $949,581 |
| Average Home Value | $1,190,249 |
Housing Distribution
Address Breakdown
Residential
3,802
Single Family
3,535
Multi-Family
267
Businesses
507
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Listed by: Yuanyuan Zhang • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #892315