704 Short Beach RoadSaint JamesNY11780
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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 Saint James at 704 Short Beach Road, Saint James, NY, 11780 with 5% annual appreciation on a $1,699,543 basis while $6,000/mo rent supports operations. 71% in year one. Equity gained on principal adds $10,967/yr, and five-year appreciation sums $469,552 alongside rental yield of 4.24%. Five-year ROI measures 43.37% and total cumulative return in cash totals $238,796. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,000/mo property income versus a $8,318/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11780, Saint James, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 4,802 (84.3%) |
| Renter Occupied HU | 607 (10.7%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $732,275 |
| Average Home Value | $822,409 |
Housing Distribution
Address Breakdown
Residential
5,593
Single Family
5,585
Multi-Family
8
Businesses
619
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Listed by: Leonard Saburro CRS E-PRO RENE SFR • Elite Residential Brokerage
Mls Name: OneKey MLS
Mls ID: #919240