7 Beaumont DrMelvilleNY11747
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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 Melville at 7 Beaumont Dr, Melville, NY, 11747 listed at $1,013,700 pairs $6,914/mo rent with a $4,962/mo payment to leave $144/mo cash flow. Total monthly income runs $6,914/mo, and annual cash flow reaches $1,731/yr on $328,439 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 8.18% at a $1,013,700 basis. Equity gained on principal adds $6,541/yr, and annual property appreciation at 5% supports $280,067 by year five. Five-year ROI tracks 108.71% and total cumulative return in cash totals $357,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,914/mo property income relative to a $4,962/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11747, Melville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,945 (100%) |
| Owner Occupied HU | 6,327 (79.6%) |
| Renter Occupied HU | 1,193 (15.0%) |
| Vacant Housing Units | 425 ( 5.3%) |
| Median Home Value | $831,921 |
| Average Home Value | $903,171 |
Housing Distribution
Address Breakdown
Residential
7,762
Single Family
7,762
Multi-Family
0
Businesses
1,620
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