B-1 Plan, Lighthouse Beach Sixty-SeventhArverneNY11692
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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 Arverne at B-1 Plan, Lighthouse Beach Sixty-Seventh, Arverne, NY, 11692 priced at $780,000 converts $3,347/mo rent into after a $3,818/mo obligation. Total monthly income equals $3,347/mo. Return on cash invested prints 11.35% in year one, and rental yield reads 5.15% against a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,500 by year five. Five-year ROI reaches 57.57% and total cumulative return in cash sums $147,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,347/mo property income covering a $3,818/mo payment, not borrower’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11692, Arverne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,260 (100%) |
| Owner Occupied HU | 2,411 (29.2%) |
| Renter Occupied HU | 5,362 (64.9%) |
| Vacant Housing Units | 487 ( 5.9%) |
| Median Home Value | $653,075 |
| Average Home Value | $623,118 |
Housing Distribution
Address Breakdown
Residential
7,112
Single Family
3,509
Multi-Family
3,603
Businesses
122
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