21 Astoria RoadMastic BeachNY11951
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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 Mastic Beach at 21 Astoria Road, Mastic Beach, NY, 11951 with 5% annual appreciation on a $259,999 basis while $4,020/mo rent supports operations. Total monthly income totals $4,020/mo and a $1,273/mo payment preserves $2,283/mo for cash returns. Annual cash flow comes to $27,400/yr on $86,190 deployed, and return on cash invested reaches 51.7% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 18.55%. Five-year ROI measures 273.99% and total cumulative return in cash totals $236,153.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,020/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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Listed by: Tannith M. Osborne • Floyd Harbor Real Estate Inc
Mls Name: OneKey MLS
Mls ID: #938523