








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Long Beach at 615 S State Street, Long Beach, NY, 11561 earns from $5,346/mo rent with a $7,337/mo payment. Total monthly income totals $5,346/mo. ROI tracks 8.85% on current figures, and rental yield reads 4.28% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 44.07% and total cumulative return in cash sums $214,041. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,346/mo property income instead of your personal income.
Single Family
Built in 1951
9,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11561, Long Beach, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,839 (100%) |
| Owner Occupied HU | 9,807 (52.1%) |
| Renter Occupied HU | 7,217 (38.3%) |
| Vacant Housing Units | 1,815 ( 9.6%) |
| Median Home Value | $782,079 |
| Average Home Value | $830,581 |
Residential
16,421
Single Family
10,519
Multi-Family
5,902
Businesses
857
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Glen Fox • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #932293