41 Great River DriveSound BeachNY11789
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 Sound Beach at 41 Great River Drive, Sound Beach, NY, 11789 at $599,000 posts ROI 24.47% with $724/mo cash flow from $4,724/mo rent. Total monthly income equals $4,724/mo, and annual cash flow records $8,685/yr on $197,071 to close. Return on cash invested measures 24.47% and rental yield reads 9.46% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 127.9% and total cumulative return in cash totals $252,046.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11789, Sound Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,940 (100%) |
| Owner Occupied HU | 2,279 (77.5%) |
| Renter Occupied HU | 434 (14.8%) |
| Vacant Housing Units | 227 ( 7.7%) |
| Median Home Value | $503,567 |
| Average Home Value | $555,029 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
79
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Nearby investment properties with comparable prices
Listed by: Gloria Gallagher • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #877785