32 Cedar StLindenhurstNY11757
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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
Rental property for sale in Lindenhurst at 32 Cedar St, Lindenhurst, NY, 11757 offers $5,342/mo rent that, after a $3,165/mo payment, leaves $1,024/mo cash flow. Total monthly income is $5,342/mo, and annual cash flow is $12,287/yr on $212,731 cash. Return on cash invested measures 25.84% in year one, and rental yield stands at 9.91% at a $646,600 entry. Equity gained on principal adds $4,172/yr while 5% annual appreciation compounds into $178,644 by year five. Five-year ROI records 135.23% and total cumulative return in cash reaches $287,678. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,342/mo property income versus a $3,165/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11757, Lindenhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,367 (100%) |
| Owner Occupied HU | 11,957 (73.1%) |
| Renter Occupied HU | 3,609 (22.1%) |
| Vacant Housing Units | 801 ( 4.9%) |
| Median Home Value | $576,479 |
| Average Home Value | $604,034 |
Housing Distribution
Address Breakdown
Residential
13,911
Single Family
13,397
Multi-Family
514
Businesses
1,223
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