275 Woodland DriveBrightwatersNY11718
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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 Brightwaters at 275 Woodland Drive, Brightwaters, NY, 11718 offers a 2.14% rental yield on a $1,649,000 purchase with $2,940/mo rent. 24% in year one. Equity gained on principal adds $10,641/yr while 5% annual appreciation supports $455,588 over five years. Portfolio math shows five-year ROI at 8.66% and total cumulative return in cash at $46,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $8,071/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11718, Brightwaters, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 959 (89.6%) |
| Renter Occupied HU | 83 ( 7.8%) |
| Vacant Housing Units | 28 ( 2.6%) |
| Median Home Value | $738,560 |
| Average Home Value | $823,058 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,111
Multi-Family
24
Businesses
189
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Listed by: Tammy J. Ramsay • Eric G Ramsay Jr Assoc LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #912194
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