250 Scott DriveAtlantic BeachNY11509
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
Rental property for sale in Atlantic Beach at 250 Scott Drive, Atlantic Beach, NY, 11509 priced at $1,299,000 pairs $9,790/mo rent with $1,115/mo cash flow after a $6,358/mo payment. Total monthly income equals $9,790/mo, and annual cash flow comes to $13,385/yr on $420,876 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 9.04% on a $1,299,000 basis. Equity gained on principal adds $8,382/yr, and 5% annual appreciation accumulates to $358,890 by year five. Five-year ROI measures 122.93% and total cumulative return in cash reaches $517,369. For financing, Ziffy Mortgage’s DSCR program evaluates $9,790/mo property income against a $6,358/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
6,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11509, Atlantic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,377 (100%) |
| Owner Occupied HU | 817 (59.3%) |
| Renter Occupied HU | 225 (16.3%) |
| Vacant Housing Units | 335 (24.3%) |
| Median Home Value | $991,102 |
| Average Home Value | $1,201,714 |
Housing Distribution
Address Breakdown
Residential
1,196
Single Family
1,187
Multi-Family
9
Businesses
97
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Listed by: Antoinette I Marasco • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3542763
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