24 Lincoln AveMassapequaNY11758
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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 Massapequa at 24 Lincoln Ave, Massapequa, NY, 11758 at $574,000 posts ROI 33.31% with $2,085/mo cash flow from $5,918/mo rent. Total monthly income equals $5,918/mo, and annual cash flow records $25,024/yr on $188,846 to close. Return on cash invested measures 33.31% and rental yield reads 12.37% at the current $574,000. Equity gained on principal adds $3,704/yr, and 5% annual appreciation supports $158,586 by year five. Five-year ROI prints 175.33% and total cumulative return in cash totals $331,113.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,918/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11758, Massapequa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,896 (100%) |
| Owner Occupied HU | 16,503 (87.3%) |
| Renter Occupied HU | 1,793 ( 9.5%) |
| Vacant Housing Units | 600 ( 3.2%) |
| Median Home Value | $664,568 |
| Average Home Value | $715,955 |
Housing Distribution
Address Breakdown
Residential
18,136
Single Family
17,872
Multi-Family
264
Businesses
1,371
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