22 Bay Beach AvenueBayvilleNY11709
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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
Total monthly income runs $4,320/mo, and a $3,274/mo payment. Purchase price stands at $669,000, and rental yield measures 7.75% with $4,320/mo rent. Return on cash invested shows 19.26% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 99.96% and total cumulative return in cash records $220,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 1924
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11709, Bayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,681 (100%) |
| Owner Occupied HU | 2,023 (75.5%) |
| Renter Occupied HU | 476 (17.8%) |
| Vacant Housing Units | 182 ( 6.8%) |
| Median Home Value | $802,227 |
| Average Home Value | $891,390 |
Housing Distribution
Address Breakdown
Residential
2,537
Single Family
2,528
Multi-Family
9
Businesses
130
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