2861 Willard AvenueOceansideNY11572
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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
Rental property for sale in Oceanside at 2861 Willard Avenue, Oceanside, NY, 11572 generates $3,840/mo in rent and, after a $2,609/mo payment, leaves $280/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $3,366/yr on $175,357 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8.65% on a $532,999 entry. Equity gained on principal adds $3,439/yr, while 5% annual appreciation builds toward $147,258 over five years. Five-year ROI reaches 114.56% and total cumulative return in cash sums $200,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
7,400 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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