34 Lew PlEast NorwichNY11732
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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 East Norwich at 34 Lew Pl, East Norwich, NY, 11732 uses $275,570 cash to close to unlock $5,895/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $6,085/mo, and a $4,100/mo payment keeps the spread at $491/mo. Purchase price stands at $837,600, and rental yield measures 8.72% with $6,085/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $231,413 over five years. Five-year ROI reaches 115.75% and total cumulative return in cash records $318,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,085/mo property income covering a $4,100/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11732, East Norwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,155 (100%) |
| Owner Occupied HU | 943 (81.6%) |
| Renter Occupied HU | 162 (14.0%) |
| Vacant Housing Units | 50 ( 4.3%) |
| Median Home Value | $819,331 |
| Average Home Value | $921,538 |
Housing Distribution
Address Breakdown
Residential
1,388
Single Family
1,388
Multi-Family
0
Businesses
149
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