37 East AvenueLawrenceNY11559
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 37 East Avenue, Lawrence, NY, 11559 in Lawrence: $9,427/mo in rent, $4,419/mo net, 15.08% gross yield, all on a $749,999 acquisition. The 2.80 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $207,211 in value, and $6,908/yr in principal paydown steadily builds equity. Projected total cumulative return: $570,364.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 6.2% |
| Monthly Cash Flow | $4,419 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $9,427 |
| Total Monthly Debt Service | $4,710 |
| DSCR Ratio | 2.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1922
4,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1922
4,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices