69-20 Beach Channel DrArverneNY11692
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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 Arverne at 69-20 Beach Channel Dr, Arverne, NY, 11692 listed at $829,888 pairs $6,797/mo rent with a $4,062/mo payment to leave $1,255/mo cash flow. Total monthly income runs $6,797/mo, and annual cash flow reaches $15,060/yr on $273,033 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 9.83% at a $829,888 basis. Equity gained on principal adds $5,355/yr, and annual property appreciation at 5% supports $229,283 by year five. Five-year ROI tracks 133.86% and total cumulative return in cash totals $365,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,797/mo property income relative to a $4,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11692, Arverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,260 (100%) |
| Owner Occupied HU | 2,411 (29.2%) |
| Renter Occupied HU | 5,362 (64.9%) |
| Vacant Housing Units | 487 ( 5.9%) |
| Median Home Value | $653,075 |
| Average Home Value | $623,118 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
3,509
Multi-Family
3,603
Businesses
122
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