7 Bird CourtMastic BeachNY11951
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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 Mastic Beach at 7 Bird Court, Mastic Beach, NY, 11951 priced at $529,000 pairs $4,642/mo rent with $1,110/mo cash flow after a $2,589/mo payment. Total monthly income equals $4,642/mo, and annual cash flow comes to $13,315/yr on $174,041 invested. Return on cash invested is 27.71% in year one, and rental yield stands at 10.53% on a $529,000 basis. Equity gained on principal adds $3,414/yr, and 5% annual appreciation accumulates to $146,153 by year five. Five-year ROI measures 145.3% and total cumulative return in cash reaches $252,881. For financing, Ziffy Mortgage’s DSCR program evaluates $4,642/mo property income against a $2,589/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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Listed by: Renee A. Corcoran • Coldwell Banker M&D Good Life
Mls Name: OneKey MLS
Mls ID: #910136