457 66th BchArverneNY11692
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 Arverne at 457 66th Bch, Arverne, NY, 11692 earns $912/mo cash flow from $4,585/mo rent with a $2,692/mo payment. Total monthly income totals $4,585/mo, and annual cash flow totals $10,946/yr on $180,950 capital. ROI tracks 26.11% on current figures, and rental yield reads 10% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash sums $247,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,585/mo property income instead of your personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11692, Arverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,260 (100%) |
| Owner Occupied HU | 2,411 (29.2%) |
| Renter Occupied HU | 5,362 (64.9%) |
| Vacant Housing Units | 487 ( 5.9%) |
| Median Home Value | $653,075 |
| Average Home Value | $623,118 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
3,509
Multi-Family
3,603
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices