523 Gillette AveBayportNY11705
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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 Bayport at 523 Gillette Ave, Bayport, NY, 11705 generates $4,554/mo in rent and, after a $2,007/mo payment, leaves $1,816/mo in cash flow. Total monthly income is $4,554/mo, and annual cash flow is $21,790/yr on $135,915 invested. Return on cash invested sits at 35.94% in year one, and rental yield is 13.33% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 189.44% and total cumulative return in cash sums $257,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.46 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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