20 Longstreet DriveLake GroveNY11755
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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 Lake Grove at 20 Longstreet Drive, Lake Grove, NY, 11755 earns from $3,331/mo rent with a $2,687/mo payment. Total monthly income totals $3,331/mo. ROI tracks 17.83% on current figures, and rental yield reads 7.28% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 92.32% and total cumulative return in cash sums $166,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,331/mo property income instead of your personal income.
Single Family
Built in 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11755, Lake Grove, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,386 (100%) |
| Owner Occupied HU | 3,412 (77.8%) |
| Renter Occupied HU | 781 (17.8%) |
| Vacant Housing Units | 193 ( 4.4%) |
| Median Home Value | $625,119 |
| Average Home Value | $651,627 |
Housing Distribution
Address Breakdown
Residential
4,303
Single Family
3,860
Multi-Family
443
Businesses
465
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Listed by: Heather L. Keohan • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #929951