20 Bayway AvenueBrightwatersNY11718
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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 Brightwaters at 20 Bayway Avenue, Brightwaters, NY, 11718 priced at $649,000 converts $2,940/mo rent into after a $3,177/mo obligation. Total monthly income equals $2,940/mo. Return on cash invested prints 12.22% in year one, and rental yield reads 5.44% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 62.25% and total cumulative return in cash sums $132,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11718, Brightwaters, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 959 (89.6%) |
| Renter Occupied HU | 83 ( 7.8%) |
| Vacant Housing Units | 28 ( 2.6%) |
| Median Home Value | $738,560 |
| Average Home Value | $823,058 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,111
Multi-Family
24
Businesses
189
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Listed by: Manuela Cuartas Montoya • Mint Homes LI LLC
Mls Name: OneKey MLS
Mls ID: #868765