33 Magnolia DriveMastic BeachNY11951
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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 Mastic Beach at 33 Magnolia Drive, Mastic Beach, NY, 11951 earns $2,214/mo cash flow from $4,752/mo rent with a $1,860/mo payment. Total monthly income totals $4,752/mo, and annual cash flow totals $26,572/yr on $125,969 capital. ROI tracks 41% on current figures, and rental yield reads 15.01% at a $379,996 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,986 over five years. Five-year ROI reaches 216.62% and total cumulative return in cash sums $272,867. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,752/mo property income instead of your personal income.
Single Family
Built in 1932
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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Nearby investment properties with comparable prices
Listed by: Laura M Cochran • BERKSHIRE HATHAWAY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3569096
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