24 Lonscreek PlaceMastic BeachNY11951
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 Mastic Beach at 24 Lonscreek Place, Mastic Beach, NY, 11951 at $499,000 posts ROI 30.12% with $1,408/mo cash flow from $4,740/mo rent. Total monthly income equals $4,740/mo, and annual cash flow records $16,897/yr on $165,419 to close. Return on cash invested measures 30.12% and rental yield reads 11.4% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 158.28% and total cumulative return in cash totals $261,822.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,740/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11951, Mastic Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,580 (65.9%) |
| Renter Occupied HU | 1,332 (24.5%) |
| Vacant Housing Units | 523 ( 9.6%) |
| Median Home Value | $394,057 |
| Average Home Value | $440,557 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
163
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Listed by: Cynthia Rodriguez • Coldwell Banker M&D Good Life
Mls Name: OneKey MLS
Mls ID: #942239