8A S Bay AveEastportNY11941
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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 Eastport at 8A S Bay Ave, Eastport, NY, 11941 generates $4,943/mo in rent, after a $8,247/mo payment. Total monthly income is $4,943/mo. Return on cash invested sits at 6.5% in year one, and rental yield is 3.52% on a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation builds toward $465,534 over five years. Five-year ROI reaches 31.51% and total cumulative return in cash sums $172,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,943/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11941, Eastport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 902 (75.9%) |
| Renter Occupied HU | 149 (12.5%) |
| Vacant Housing Units | 137 (11.5%) |
| Median Home Value | $728,908 |
| Average Home Value | $833,415 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,029
Multi-Family
0
Businesses
178
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