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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Atlantic Beach at 40 Fulton Avenue, Atlantic Beach, NY, 11509 projects strong ROI of 5.82%. Rental yield 3.3%. With 5% annual appreciation, the property builds $759,774 in value over five years. Equity growth combined delivers a projected five-year ROI of 27.84%, translating into $248,029 in total cumulative return on $891,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1920
8,670 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11509, Atlantic Beach, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,377 (100%) |
| Owner Occupied HU | 817 (59.3%) |
| Renter Occupied HU | 225 (16.3%) |
| Vacant Housing Units | 335 (24.3%) |
| Median Home Value | $991,102 |
| Average Home Value | $1,201,714 |
Residential
1,196
Single Family
1,187
Multi-Family
9
Businesses
97
Date | Event | Price |
|---|---|---|
| 2025-11-05 | Listed for sale | $2,750,000 |
| 2025-05-01 | Listing removed | $30,000 |
| 2025-02-12 | Listed for rent | $30,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-06 | N/A | N/A | $1,189 | -4.42% |
| 2022-11-06 | N/A | N/A | $1,244 | N/A |
| 2021-11-06 | $18134.19 | 21.68% | N/A | N/A |
What's Special
None
Listed by: Gil R. Shemtov • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #931905
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-06 06:23:08 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)
