16 Beechwood DriveLawrenceNY11559
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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 Lawrence at 16 Beechwood Drive, Lawrence, NY, 11559 listed at $1,999,999 pairs $6,583/mo rent with a $9,789/mo payment. Total monthly income runs $6,583/mo. Return on cash invested measures 7.83% in year one, and rental yield registers 3.95% at a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and annual property appreciation at 5% supports $552,563 by year five. Five-year ROI tracks 38.62% and total cumulative return in cash totals $250,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,583/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
9,648 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11559, Lawrence, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,067 (67.2%) |
| Renter Occupied HU | 706 (22.9%) |
| Vacant Housing Units | 304 ( 9.9%) |
| Median Home Value | $1,297,315 |
| Average Home Value | $1,330,324 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,018
Multi-Family
717
Businesses
501
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