28 Lynbrook AvenuePoint LookoutNY11569
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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 Point Lookout at 28 Lynbrook Avenue, Point Lookout, NY, 11569 listed at $1,895,000 pairs $6,427/mo rent with a $9,275/mo payment. Total monthly income runs $6,427/mo. Return on cash invested measures 8.2% in year one, and rental yield registers 4.07% at a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and annual property appreciation at 5% supports $523,554 by year five. Five-year ROI tracks 40.6% and total cumulative return in cash totals $249,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,427/mo property income relative to a $9,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11569, Point Lookout, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 727 (66.0%) |
| Renter Occupied HU | 177 (16.1%) |
| Vacant Housing Units | 198 (18.0%) |
| Median Home Value | $934,315 |
| Average Home Value | $1,044,072 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
68
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Listed by: Francis M. Hug • HUG Real Estate
Mls Name: OneKey MLS
Mls ID: #890639