285 Central Avenue #B4LawrenceNY11559
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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 285 Central Avenue #B4, Lawrence, NY, 11559 at $249,000 posts ROI 20.65% with $51/mo cash flow from $1,714/mo rent. Total monthly income equals $1,714/mo, and annual cash flow records $611/yr on $82,544 to close. Return on cash invested measures 20.65% and rental yield reads 8.26% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 107.44% and total cumulative return in cash totals $88,688.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,714/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1950
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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