70 Shutter LaneOyster Bay CoveNY11771
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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 Oyster Bay Cove at 70 Shutter Lane, Oyster Bay Cove, NY, 11771 projects strong ROI of 5.05%. Rental yield 3.05%. With 5% annual appreciation, the property builds $1,077,222 in value over five years. Equity growth combined delivers a projected five-year ROI of 23.72%, translating into $299,612 in total cumulative return on $1,263,276 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1989
2.40 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: Nancy Davila Campo • Four Seasons Realty Team
Mls Name: OneKey MLS
Mls ID: #921873