30 Park StreetBlue PointNY11715
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
Rental property for sale in Blue Point at 30 Park Street, Blue Point, NY, 11715 priced at $459,900 converts $4,744/mo rent into $1,673/mo cash flow after a $2,251/mo obligation. Total monthly income equals $4,744/mo, and annual cash flow totals $20,074/yr on $152,457 invested. Return on cash invested prints 33.08% in year one, and rental yield reads 12.38% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 174.09% and total cumulative return in cash sums $265,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,744/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1918
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11715, Blue Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,713 (100%) |
| Owner Occupied HU | 1,461 (85.3%) |
| Renter Occupied HU | 181 (10.6%) |
| Vacant Housing Units | 71 ( 4.1%) |
| Median Home Value | $655,344 |
| Average Home Value | $684,849 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,635
Multi-Family
64
Businesses
128
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Listed by: David H. Lunenfeld • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3593614
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