300 S Snedecor AvenueBayportNY11705
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow300 S Snedecor Avenue, Bayport, NY, 11705 in Bayport earns its strong cash-flow label: 11.96% yield, $8,564/mo rent, $2,828/mo net income, DSCR 2.22. The $859,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $237,326 by year five. Combined with $7,911/yr in principal paydown, total projected return reaches $509,521.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $2,828 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $8,564 |
| Total Monthly Debt Service | $5,394 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
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
Single Family
Built in 1953
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices