150 N Delaware AveLindenhurstNY11757
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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 Lindenhurst at 150 N Delaware Ave, Lindenhurst, NY, 11757 priced at $654,500 converts $3,157/mo rent into after a $3,203/mo obligation. Total monthly income equals $3,157/mo. Return on cash invested prints 13.3% in year one, and rental yield reads 5.79% against a $654,500 entry. Equity gained on principal adds $4,223/yr, while 5% annual appreciation compiles into $180,826 by year five. Five-year ROI reaches 68% and total cumulative return in cash sums $146,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,157/mo property income covering a $3,203/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11757, Lindenhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,367 (100%) |
| Owner Occupied HU | 11,957 (73.1%) |
| Renter Occupied HU | 3,609 (22.1%) |
| Vacant Housing Units | 801 ( 4.9%) |
| Median Home Value | $576,479 |
| Average Home Value | $604,034 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
13,397
Multi-Family
514
Businesses
1,223
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Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #858455