2691 Terrell AveOceansideNY11572
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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 2691 Terrell Ave, Oceanside, NY, 11572 uses $215,462 cash to close to unlock $2,401/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $4,573/mo, and a $3,205/mo payment keeps the spread at $200/mo. Purchase price stands at $654,900, and rental yield measures 8.38% with $4,573/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $180,937 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash records $237,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,573/mo property income covering a $3,205/mo payment rather than investor’s personal income.
Single Family
Built in 1922
5,000 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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