346 Whittier DriveMastic BeachNY11951
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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 Mastic Beach at 346 Whittier Drive, Mastic Beach, NY, 11951 listed at $379,990 pairs $4,818/mo rent with a $1,860/mo payment to leave $2,280/mo cash flow. Total monthly income runs $4,818/mo, and annual cash flow reaches $27,364/yr on $125,967 cash to close. Return on cash invested measures 41.63% in year one, and rental yield registers 15.22% at a $379,990 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,984 by year five. Five-year ROI tracks 220% and total cumulative return in cash totals $277,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,818/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.50 Acres 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: Melissa A LoCurto • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3588434
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