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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Oceanside at 66 Wexford Lane UNIT 66, Oceanside, NY, 11572 offers a 13.07% rental yield on a $599,000 purchase with $6,522/mo rent. Total monthly income registers $6,522/mo, and a $2,932/mo payment leaves $1,967/mo available for distribution. Annual cash flow reaches $23,601/yr on $197,071 to close, and return on cash invested stands at 32.04% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 169.71% and total cumulative return in cash at $334,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,522/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
3.32 Acres lot
$N/A/sqft
$555 monthly HOA
Neighborhood data shown for ZIP Code: 11572, Oceanside, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,315 (100%) |
| Owner Occupied HU | 9,480 (83.8%) |
| Renter Occupied HU | 1,490 (13.2%) |
| Vacant Housing Units | 345 ( 3.0%) |
| Median Home Value | $677,989 |
| Average Home Value | $745,440 |
Residential
10,606
Single Family
9,858
Multi-Family
748
Businesses
920
Date | Event | Price |
|---|---|---|
| 2024-07-11 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Partial
Listed by: Mark Karten • Karten Real Estate Svcs LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3565147
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.
