33 Circle DriveShorehamNY11786
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 Shoreham at 33 Circle Drive, Shoreham, NY, 11786 offers $4,920/mo rent that, after a $3,128/mo payment, leaves $652/mo cash flow. Total monthly income is $4,920/mo, and annual cash flow is $7,829/yr on $210,231 cash. Return on cash invested measures 23.78% in year one, and rental yield stands at 9.24% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 124.24% and total cumulative return in cash reaches $261,196. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11786, Shoreham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,952 (91.5%) |
| Renter Occupied HU | 91 ( 4.3%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $619,565 |
| Average Home Value | $656,825 |
Housing Distribution
Address Breakdown
Residential
1,903
Single Family
1,903
Multi-Family
0
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices