260 Wilmot Road, Ocean Beach, NY, 11770 | ROI: 6.87%

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ocean Beach at 260 Wilmot Road, Ocean Beach, NY, 11770 projects strong ROI of 6.87%. Rental yield 3.64%. With 5% annual appreciation, the property builds $799,835 in value over five years. Equity growth combined delivers a projected five-year ROI of 33.49%, translating into $314,109 in total cumulative return on $937,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 2025

4,792 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