218 Oakwood AvenueBayportNY11705
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 218 Oakwood Avenue, Bayport, NY, 11705 in Bayport hard to pass up. The 11.55% gross yield on a $899,990 purchase results in $8,660/mo in rent and $2,650/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $31,805, five-year appreciation of $248,651, and $8,289/yr in equity build-up combine for a projected total cumulative return of $513,741.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $2,650 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $8,660 |
| Total Monthly Debt Service | $5,652 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices