443 N CountrySound BeachNY11789
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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 443 N Country, Sound Beach, NY, 11789 offers a 10.5% rental yield on a $479,900 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $2,349/mo payment leaves $995/mo available for distribution. Annual cash flow reaches $11,942/yr on $159,087 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 143.76% and total cumulative return in cash at $228,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1947
0.27 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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Listed by: Edward S. Figueroa • Figs Real Estate Group
Mls Name: OneKey MLS
Mls ID: #905886