230 Central Ave #1FLawrenceNY11559
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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 Lawrence at 230 Central Ave #1F, Lawrence, NY, 11559 earns $2/mo cash flow from $2,667/mo rent with a $1,953/mo payment. Total monthly income totals $2,667/mo, and annual cash flow totals $29/yr on $132,269 capital. ROI tracks 19.93% on current figures, and rental yield reads 8.02% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 103.61% and total cumulative return in cash sums $137,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,667/mo property income instead of your personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11559, Lawrence, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,067 (67.2%) |
| Renter Occupied HU | 706 (22.9%) |
| Vacant Housing Units | 304 ( 9.9%) |
| Median Home Value | $1,297,315 |
| Average Home Value | $1,330,324 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,018
Multi-Family
717
Businesses
501
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