2 Bayview RdRemsenburgNY11960
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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 Remsenburg at 2 Bayview Rd, Remsenburg, NY, 11960 with 5% annual appreciation on a $1,699,000 basis while $6,806/mo rent supports operations. 47% in year one. Equity gained on principal adds $10,963/yr, and five-year appreciation sums $469,402 alongside rental yield of 4.81%. Five-year ROI measures 52.81% and total cumulative return in cash totals $290,681. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,806/mo property income versus a $8,316/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11960, Remsenburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 591 (55.5%) |
| Renter Occupied HU | 118 (11.1%) |
| Vacant Housing Units | 355 (33.4%) |
| Median Home Value | $1,150,240 |
| Average Home Value | $1,238,621 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
45
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Listed by: Ashley J Farrell - Associate Real Estate Broker • Corcoran Group
Mls Name: Out East
Mls ID: #379565