230 Central Avenue #3JLawrenceNY11559
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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 Avenue #3J, Lawrence, NY, 11559 earns $130/mo cash flow from $2,066/mo rent with a $1,419/mo payment. Total monthly income totals $2,066/mo, and annual cash flow totals $1,558/yr on $96,135 capital. ROI tracks 21.53% on current figures, and rental yield reads 8.55% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 112.17% and total cumulative return in cash sums $107,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,066/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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