22 Bungalow WalkOcean BeachNY11770
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
Investment Highlights
Investment property for sale in Ocean Beach at 22 Bungalow Walk, Ocean Beach, NY, 11770 with 5% annual appreciation on a $1,599,999 basis while $5,093/mo rent supports operations. 43% in year one. Equity gained on principal adds $10,325/yr, and five-year appreciation sums $442,050 alongside rental yield of 3.82%. Five-year ROI measures 36.46% and total cumulative return in cash totals $189,027. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,093/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11770, Ocean Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 214 (11.0%) |
| Renter Occupied HU | 45 ( 2.3%) |
| Vacant Housing Units | 1,693 (86.7%) |
| Median Home Value | $702,500 |
| Average Home Value | $828,294 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Schmid • Go With The Pros R E Svcs LLC
Mls Name: OneKey MLS
Mls ID: #915946