99 Grand AvenueShirleyNY11967
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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 Shirley at 99 Grand Avenue, Shirley, NY, 11967 uses $147,518 cash to close to unlock $14,741/yr annual cash flow and $1,228/mo monthly cash flow. Total monthly income runs $4,200/mo, and a $2,178/mo payment keeps the spread at $1,228/mo. Purchase price stands at $445,000, and rental yield measures 11.33% with $4,200/mo rent. Return on cash invested shows 29.9% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 157.09% and total cumulative return in cash records $231,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11967, Shirley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 6,830 (79.9%) |
| Renter Occupied HU | 1,248 (14.6%) |
| Vacant Housing Units | 472 ( 5.5%) |
| Median Home Value | $456,058 |
| Average Home Value | $508,929 |
Housing Distribution
Address Breakdown
Residential
8,270
Single Family
8,270
Multi-Family
0
Businesses
497
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