247 Lena AveFreeportNY11520
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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 Freeport at 247 Lena Ave, Freeport, NY, 11520 with 5% annual appreciation on a $678,500 basis while $4,661/mo rent supports operations. Total monthly income totals $4,661/mo and a $3,321/mo payment preserves $130/mo for cash returns. Annual cash flow comes to $1,560/yr on $223,227 deployed, and return on cash invested reaches 20.76% in year one. Equity gained on principal adds $4,378/yr, and five-year appreciation sums $187,457 alongside rental yield of 8.24%. Five-year ROI measures 108.03% and total cumulative return in cash totals $241,162.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,661/mo property income versus a $3,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11520, Freeport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,329 (100%) |
| Owner Occupied HU | 9,150 (63.9%) |
| Renter Occupied HU | 4,539 (31.7%) |
| Vacant Housing Units | 640 ( 4.5%) |
| Median Home Value | $545,325 |
| Average Home Value | $576,137 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
10,224
Multi-Family
3,200
Businesses
1,347
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