746 Sound View RoadOyster BayNY11771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oyster Bay at 746 Sound View Road, Oyster Bay, NY, 11771 priced at $1,175,000 converts $5,100/mo rent into after a $5,751/mo obligation. Total monthly income equals $5,100/mo. Return on cash invested prints 11.71% in year one, and rental yield reads 5.21% against a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation compiles into $324,631 by year five. Five-year ROI reaches 59.45% and total cumulative return in cash sums $226,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,100/mo property income covering a $5,751/mo payment, not borrower’s personal income.
Single Family
Built in 1957
9,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura A. Bloom AHWD CBR E-PRO MRP • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls ID: #930358