269 Oyster Bay RoadMill NeckNY11765
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
Investment property for sale in Mill Neck at 269 Oyster Bay Road, Mill Neck, NY, 11765 at $1,500,000 posts ROI 21.91% with $622/mo cash flow from $10,639/mo rent. Total monthly income equals $10,639/mo, and annual cash flow records $7,464/yr on $486,000 to close. Return on cash invested measures 21.91% and rental yield reads 8.51% at the current $1,500,000. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 by year five. Five-year ROI prints 114.1% and total cumulative return in cash totals $554,531.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,639/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11765, Mill Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 162 (70.4%) |
| Renter Occupied HU | 34 (14.8%) |
| Vacant Housing Units | 34 (14.8%) |
| Median Home Value | $1,865,385 |
| Average Home Value | $1,639,892 |
Housing Distribution
Address Breakdown
Residential
225
Single Family
225
Multi-Family
0
Businesses
30
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