70L Sea Cliff Avenue #70LSea CliffNY11579
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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 Sea Cliff at 70L Sea Cliff Avenue #70L, Sea Cliff, NY, 11579 earns $736/mo cash flow from $3,540/mo rent with a $2,055/mo payment. Total monthly income totals $3,540/mo, and annual cash flow totals $8,834/yr on $139,197 capital. ROI tracks 26.26% on current figures, and rental yield reads 10.12% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 137.54% and total cumulative return in cash sums $191,448. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/mo property income instead of your personal income.
Condo
Built in 1950
3.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11579, Sea Cliff, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,494 (71.6%) |
| Renter Occupied HU | 461 (22.1%) |
| Vacant Housing Units | 131 ( 6.3%) |
| Median Home Value | $930,000 |
| Average Home Value | $1,023,419 |
Housing Distribution
Address Breakdown
Residential
1,968
Single Family
1,918
Multi-Family
50
Businesses
237
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