176 Evans AvenueFreeportNY11520
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Nearby investment properties with comparable prices
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 Freeport at 176 Evans Avenue, Freeport, NY, 11520 at $519,999 posts ROI 26.64% with $938/mo cash flow from $4,410/mo rent. Total monthly income equals $4,410/mo, and annual cash flow records $11,252/yr on $171,080 to close. Return on cash invested measures 26.64% and rental yield reads 10.18% at the current $519,999. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 139.53% and total cumulative return in cash totals $238,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11520, Freeport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,329 (100%) |
| Owner Occupied HU | 9,150 (63.9%) |
| Renter Occupied HU | 4,539 (31.7%) |
| Vacant Housing Units | 640 ( 4.5%) |
| Median Home Value | $545,325 |
| Average Home Value | $576,137 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
10,224
Multi-Family
3,200
Businesses
1,347
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