3980 Bay Shore RoadGreenportNY11944
Nearby investment properties with comparable rents
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 Greenport at 3980 Bay Shore Road, Greenport, NY, 11944 at $949,900 posts ROI 37.17% with $4,455/mo cash flow from $10,798/mo rent. Total monthly income equals $10,798/mo, and annual cash flow records $53,460/yr on $312,517 to close. Return on cash invested measures 37.17% and rental yield reads 13.64% at the current $949,900. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,440 by year five. Five-year ROI prints 196.01% and total cumulative return in cash totals $612,558.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,798/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
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Nearby investment properties with comparable prices
Listed by: Kenneth P Kroncke • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3573607
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 2024 OneKey MLS. All rights reserved.