60 KNAPP RoadMastic 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
Investment property for sale in Mastic Beach at 60 KNAPP Road, Mastic Beach, NY, 11951 listed at $595,000 pairs $4,740/mo rent with a $2,912/mo payment to leave $767/mo cash flow. Total monthly income runs $4,740/mo, and annual cash flow reaches $9,203/yr on $195,755 cash to close. Return on cash invested measures 24.76% in year one, and rental yield registers 9.56% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 129.47% and total cumulative return in cash totals $253,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,740/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.28 Acres 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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Nearby investment properties with comparable prices
Listed by: Angela Baksh • Renaissance Realty Cons Group
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #882542
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