23 John StreetShorehamNY11786
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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 Shoreham at 23 John Street, Shoreham, NY, 11786 with 5% annual appreciation on a $790,000 basis while $4,740/mo rent supports operations. 59% in year one. Equity gained on principal adds $5,098/yr, and five-year appreciation sums $218,262 alongside rental yield of 7.2%. Five-year ROI measures 91.01% and total cumulative return in cash totals $236,544. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,740/mo property income versus a $3,867/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11786, Shoreham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,952 (91.5%) |
| Renter Occupied HU | 91 ( 4.3%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $619,565 |
| Average Home Value | $656,825 |
Housing Distribution
Address Breakdown
Residential
1,903
Single Family
1,903
Multi-Family
0
Businesses
165
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