31 Beach Hill DriveBaiting HollowNY11933
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
Investment property for sale in Baiting Hollow at 31 Beach Hill Drive, Baiting Hollow, NY, 11933 with 5% annual appreciation on a $249,990 basis while $1,787/mo rent supports operations. Total monthly income totals $1,787/mo and a $1,224/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,406/yr on $82,872 deployed, and return on cash invested reaches 21.61% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,068 alongside rental yield of 8.58%. Five-year ROI measures 112.64% and total cumulative return in cash totals $93,343.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,787/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11933, Calverton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,032 (100%) |
| Owner Occupied HU | 2,780 (68.9%) |
| Renter Occupied HU | 496 (12.3%) |
| Vacant Housing Units | 756 (18.7%) |
| Median Home Value | $576,840 |
| Average Home Value | $574,431 |
Housing Distribution
Address Breakdown
Residential
3,092
Single Family
3,092
Multi-Family
0
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele N. Sanchez CBR • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #855323