39 Chapman PlaceBay ShoreNY11706
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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 Bay Shore at 39 Chapman Place, Bay Shore, NY, 11706 earns $1,706/mo cash flow from $6,240/mo rent with a $3,323/mo payment. Total monthly income totals $6,240/mo, and annual cash flow totals $20,473/yr on $223,391 capital. ROI tracks 29.23% on current figures, and rental yield reads 11.03% at a $679,000 purchase. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 over five years. Five-year ROI reaches 153.42% and total cumulative return in cash sums $342,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,240/mo property income instead of your personal income.
Multi Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11706, Bay Shore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,234 (100%) |
| Owner Occupied HU | 13,850 (62.3%) |
| Renter Occupied HU | 6,335 (28.5%) |
| Vacant Housing Units | 2,049 ( 9.2%) |
| Median Home Value | $544,434 |
| Average Home Value | $584,595 |
Housing Distribution
Address Breakdown
Residential
17,990
Single Family
16,395
Multi-Family
1,595
Businesses
1,907
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