Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Oceanside at 3811 Illona Lane, Oceanside, NY, 11572 listed at $989,999 pairs $5,996/mo rent with a $4,846/mo payment. Total monthly income runs $5,996/mo. Return on cash invested measures 17.79% in year one, and rental yield registers 7.27% at a $989,999 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,518 by year five. Five-year ROI tracks 92.11% and total cumulative return in cash totals $300,008. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,996/mo property income relative to a $4,846/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
6,360 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11572, Oceanside, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,315 (100%) |
| Owner Occupied HU | 9,480 (83.8%) |
| Renter Occupied HU | 1,490 (13.2%) |
| Vacant Housing Units | 345 ( 3.0%) |
| Median Home Value | $677,989 |
| Average Home Value | $745,440 |
Residential
10,606
Single Family
9,858
Multi-Family
748
Businesses
920
Date | Event | Price |
|---|---|---|
| 2024-06-03 | Listed for sale | $989,999 |
| 2024-04-15 | Sold | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | N/A | N/A | $492 | -3.15% |
| 2022-02-12 | N/A | N/A | $508 | N/A |
| 2021-02-12 | $10433.79 | 14.17% | N/A | N/A |
What's Special
None
Listed by: Maria Lindh • Next Level Real Estate NY
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3556056
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
