45 Sound Beach AvenueBayvilleNY11709
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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
Rental property for sale in Bayville at 45 Sound Beach Avenue, Bayville, NY, 11709 priced at $625,000 converts $4,320/mo rent into $146/mo cash flow after a $3,059/mo obligation. Total monthly income equals $4,320/mo, and annual cash flow totals $1,757/yr on $205,625 invested. Return on cash invested prints 20.91% in year one, and rental yield reads 8.29% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 108.86% and total cumulative return in cash sums $223,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,320/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1961
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11709, Bayville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,681 (100%) |
| Owner Occupied HU | 2,023 (75.5%) |
| Renter Occupied HU | 476 (17.8%) |
| Vacant Housing Units | 182 ( 6.8%) |
| Median Home Value | $802,227 |
| Average Home Value | $891,390 |
Housing Distribution
Address Breakdown
Residential
2,537
Single Family
2,528
Multi-Family
9
Businesses
130
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