9710 Rockaway Beach BlvdFar RockawayNY11693
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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
Total monthly income runs $5,752/mo, and a $7,807/mo payment. Purchase price stands at $1,595,000, and rental yield measures 4.33% with $5,752/mo rent. Return on cash invested shows 8.99% in year one, and 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 44.86% and total cumulative return in cash records $231,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,752/mo property income covering a $7,807/mo payment rather than investor’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11693, Far Rockaway, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,533 (100%) |
| Owner Occupied HU | 2,272 (41.1%) |
| Renter Occupied HU | 2,861 (51.7%) |
| Vacant Housing Units | 400 ( 7.2%) |
| Median Home Value | $505,449 |
| Average Home Value | $521,181 |
Housing Distribution
Address Breakdown
Residential
5,028
Single Family
1,929
Multi-Family
3,099
Businesses
214
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Listed by: Inga Wszolek • Bond New York
Mls Name: StreetEasy
Mls ID: #S1774653