185 Lawrence StUniondaleNY11553
Nearby investment properties with comparable rents
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
Rental property for sale in Uniondale at 185 Lawrence St, Uniondale, NY, 11553 offers $5,230/mo rent that, after a $4,038/mo payment. Total monthly income is $5,230/mo. Return on cash invested measures 18.83% in year one, and rental yield stands at 7.61% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 97.65% and total cumulative return in cash reaches $265,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,230/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11553, Uniondale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,694 (100%) |
| Owner Occupied HU | 4,478 (66.9%) |
| Renter Occupied HU | 1,946 (29.1%) |
| Vacant Housing Units | 270 ( 4.0%) |
| Median Home Value | $538,090 |
| Average Home Value | $637,589 |
Housing Distribution
Address Breakdown
Residential
6,199
Single Family
5,478
Multi-Family
721
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices