397 Brook AveBay 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 397 Brook Ave, Bay Shore, NY, 11706 with 5% annual appreciation on a $406,500 basis while $2,422/mo rent supports operations. 3% in year one. Equity gained on principal adds $2,623/yr, and five-year appreciation sums $112,308 alongside rental yield of 7.15%. Five-year ROI measures 89.53% and total cumulative return in cash totals $120,641. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,422/mo property income versus a $1,990/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.34 Acres 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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