221 E Hoffman AvenueLindenhurstNY11757
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
Investment property for sale in Lindenhurst at 221 E Hoffman Avenue, Lindenhurst, NY, 11757 earns from $2,875/mo rent with a $3,304/mo payment. Total monthly income totals $2,875/mo. ROI tracks 11.24% on current figures, and rental yield reads 5.11% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 56.97% and total cumulative return in cash sums $126,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,875/mo property income instead of your personal income.
Multi Family
Built in 1972
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11757, Lindenhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,367 (100%) |
| Owner Occupied HU | 11,957 (73.1%) |
| Renter Occupied HU | 3,609 (22.1%) |
| Vacant Housing Units | 801 ( 4.9%) |
| Median Home Value | $576,479 |
| Average Home Value | $604,034 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
13,397
Multi-Family
514
Businesses
1,223
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Nearby investment properties with comparable prices
Listed by: Brian C Starzman • Coldwell Banker American Homes
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3574696
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