2689 Cedar CourtOceansideNY11572
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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 2689 Cedar Court, Oceanside, NY, 11572 listed at $725,000 pairs $6,370/mo rent with a $3,549/mo payment to leave $1,528/mo cash flow. Total monthly income runs $6,370/mo, and annual cash flow reaches $18,337/yr on $238,525 cash to close. Return on cash invested measures 27.75% in year one, and rental yield registers 10.54% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 145.51% and total cumulative return in cash totals $347,081. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,370/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.28 Acres 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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