254 Thompson AvenueOceansideNY11572
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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 Oceanside at 254 Thompson Avenue, Oceanside, NY, 11572 with 5% annual appreciation on a $788,888 basis while $5,645/mo rent supports operations. Total monthly income totals $5,645/mo and a $3,861/mo payment preserves $377/mo for cash returns. Annual cash flow comes to $4,526/yr on $259,544 deployed, and return on cash invested reaches 21.8% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,955 alongside rental yield of 8.59%. Five-year ROI measures 113.63% and total cumulative return in cash totals $294,923.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,645/mo property income versus a $3,861/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11572, Oceanside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,315 (100%) |
| Owner Occupied HU | 9,480 (83.8%) |
| Renter Occupied HU | 1,490 (13.2%) |
| Vacant Housing Units | 345 ( 3.0%) |
| Median Home Value | $677,989 |
| Average Home Value | $745,440 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
9,858
Multi-Family
748
Businesses
920
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