17 Linwood PlaceMassapequa ParkNY11762
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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 Massapequa Park at 17 Linwood Place, Massapequa Park, NY, 11762 with 5% annual appreciation on a $698,000 basis while $5,820/mo rent supports operations. Total monthly income totals $5,820/mo and a $3,416/mo payment preserves $1,159/mo for cash returns. Annual cash flow comes to $13,911/yr on $229,642 deployed, and return on cash invested reaches 26.12% in year one. Equity gained on principal adds $4,504/yr, and five-year appreciation sums $192,845 alongside rental yield of 10.01%. Five-year ROI measures 136.77% and total cumulative return in cash totals $314,076.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,820/mo property income versus a $3,416/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11762, Massapequa Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,731 (100%) |
| Owner Occupied HU | 7,236 (93.6%) |
| Renter Occupied HU | 282 ( 3.6%) |
| Vacant Housing Units | 213 ( 2.8%) |
| Median Home Value | $652,665 |
| Average Home Value | $704,870 |
Housing Distribution
Address Breakdown
Residential
7,451
Single Family
7,451
Multi-Family
0
Businesses
421
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Listed by: Lorraine Anastasio SRES • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #949759