6 Laurel WaySea CliffNY11579
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 Sea Cliff at 6 Laurel Way, Sea Cliff, NY, 11579 offers a 7.32% rental yield on a $1,378,900 purchase with $8,410/mo rent. 23% in year one. Equity gained on principal adds $8,898/yr while 5% annual appreciation supports $380,965 over five years. Portfolio math shows five-year ROI at 94.37% and total cumulative return in cash at $421,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,410/mo property income against a $6,749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11579, Sea Cliff, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,494 (71.6%) |
| Renter Occupied HU | 461 (22.1%) |
| Vacant Housing Units | 131 ( 6.3%) |
| Median Home Value | $930,000 |
| Average Home Value | $1,023,419 |
Housing Distribution
Address Breakdown
Residential
1,968
Single Family
1,918
Multi-Family
50
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices