31 Admirals Drive EBay ShoreNY11706
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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 Bay Shore at 31 Admirals Drive E, Bay Shore, NY, 11706 earns from $3,440/mo rent with a $4,772/mo payment. Total monthly income totals $3,440/mo. ROI tracks 8.57% on current figures, and rental yield reads 4.23% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 42.67% and total cumulative return in cash sums $136,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,440/mo property income instead of your personal income.
Condo
Built in 1977
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11706, Bay Shore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,234 (100%) |
| Owner Occupied HU | 13,850 (62.3%) |
| Renter Occupied HU | 6,335 (28.5%) |
| Vacant Housing Units | 2,049 ( 9.2%) |
| Median Home Value | $544,434 |
| Average Home Value | $584,595 |
Housing Distribution
Address Breakdown
Residential
17,990
Single Family
16,395
Multi-Family
1,595
Businesses
1,907
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