485 3rd AvenueBayportNY11705
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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
Investment property for sale in Bayport at 485 3rd Avenue, Bayport, NY, 11705 earns from $3,227/mo rent with a $3,426/mo payment. Total monthly income totals $3,227/mo. ROI tracks 12.52% on current figures, and rental yield reads 5.53% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 63.83% and total cumulative return in cash sums $146,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,227/mo property income instead of your personal income.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11705, Bayport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,980 (100%) |
| Owner Occupied HU | 2,204 (74.0%) |
| Renter Occupied HU | 530 (17.8%) |
| Vacant Housing Units | 246 ( 8.3%) |
| Median Home Value | $662,598 |
| Average Home Value | $755,050 |
Housing Distribution
Address Breakdown
Residential
3,000
Single Family
3,000
Multi-Family
0
Businesses
292
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