68 7th StreetBay ShoreNY11706
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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 Bay Shore at 68 7th Street, Bay Shore, NY, 11706 offers $3,265/mo rent that, after a $3,030/mo payment. Total monthly income is $3,265/mo. Return on cash invested measures 14.94% in year one, and rental yield stands at 6.33% at a $619,000 entry. Equity gained on principal adds $3,994/yr while 5% annual appreciation compounds into $171,018 by year five. Five-year ROI records 76.83% and total cumulative return in cash reaches $156,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,265/mo property income versus a $3,030/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11706, Bay Shore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,234 (100%) |
| Owner Occupied HU | 13,850 (62.3%) |
| Renter Occupied HU | 6,335 (28.5%) |
| Vacant Housing Units | 2,049 ( 9.2%) |
| Median Home Value | $544,434 |
| Average Home Value | $584,595 |
Housing Distribution
Address Breakdown
Residential
17,990
Single Family
16,395
Multi-Family
1,595
Businesses
1,907
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