52 Manhasset DriveMastic BeachNY11951
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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 Mastic Beach at 52 Manhasset Drive, Mastic Beach, NY, 11951 priced at $449,999 converts $2,745/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,745/mo. Return on cash invested prints 17.81% in year one, and rental yield reads 7.32% against a $449,999 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,326 by year five. Five-year ROI reaches 92.26% and total cumulative return in cash sums $137,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,745/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1935
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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Listed by: Ronald W. Webber • Exit Realty Liberty
Mls Name: OneKey MLS
Mls ID: #944182