274 Cottage WalkOcean BeachNY11770
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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 Ocean Beach at 274 Cottage Walk, Ocean Beach, NY, 11770 offers a 3.99% rental yield on a $1,985,000 purchase with $6,600/mo rent. 95% in year one. Equity gained on principal adds $12,809/yr while 5% annual appreciation supports $548,419 over five years. Portfolio math shows five-year ROI at 39.28% and total cumulative return in cash at $252,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,600/mo property income against a $9,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
1,742 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 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
70
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Listed by: Maureen Putman • Netter Real Estate Inc
Mls Name: OneKey MLS
Mls ID: #893311