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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 Long Beach at 403 E Boardwalk UNIT 302, Long Beach, NY, 11561 earns from $8,357/mo rent with a $7,337/mo payment. Total monthly income totals $8,357/mo. ROI tracks 11.47% on current figures, and rental yield reads 6.69% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 59.87% and total cumulative return in cash sums $290,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,357/mo property income instead of your personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,950 monthly HOA
Neighborhood data shown for ZIP Code: 11561, Long Beach, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,839 (100%) |
| Owner Occupied HU | 9,807 (52.1%) |
| Renter Occupied HU | 7,217 (38.3%) |
| Vacant Housing Units | 1,815 ( 9.6%) |
| Median Home Value | $782,079 |
| Average Home Value | $830,581 |
Residential
16,421
Single Family
10,519
Multi-Family
5,902
Businesses
857
Date | Event | Price |
|---|---|---|
| 2024-07-18 | Listed for sale | $1,499,000 |
| 2017-11-15 | Sold | $1,295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Chris J Boylan • EXIT Realty Premier
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3566664
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.
