68 McCouns LaneOyster BayNY11771
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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 Oyster Bay at 68 McCouns Lane, Oyster Bay, NY, 11771 priced at $929,000 pairs $5,100/mo rent with after a $4,547/mo payment. Total monthly income equals $5,100/mo. Return on cash invested is 15.73% in year one, and rental yield stands at 6.59% on a $929,000 basis. Equity gained on principal adds $5,995/yr, and 5% annual appreciation accumulates to $256,666 by year five. Five-year ROI measures 81.03% and total cumulative return in cash reaches $247,664. For financing, Ziffy Mortgage’s DSCR program evaluates $5,100/mo property income against a $4,547/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11771, Oyster Bay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,522 (100%) |
| Owner Occupied HU | 2,917 (64.5%) |
| Renter Occupied HU | 1,288 (28.5%) |
| Vacant Housing Units | 317 ( 7.0%) |
| Median Home Value | $949,581 |
| Average Home Value | $1,190,249 |
Housing Distribution
Address Breakdown
Residential
3,802
Single Family
3,535
Multi-Family
267
Businesses
507
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Listed by: Patricia J. McCarthy CBR • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #936669