41 Atlantic AvenueFreeportNY11520
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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 Freeport at 41 Atlantic Avenue, Freeport, NY, 11520 priced at $999,000 converts $7,200/mo rent into $528/mo cash flow after a $4,890/mo obligation. Total monthly income equals $7,200/mo, and annual cash flow totals $6,341/yr on $328,671 invested. Return on cash invested prints 21.99% in year one, and rental yield reads 8.65% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 114.61% and total cumulative return in cash sums $376,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,200/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Multi Family
Built in 1909
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11520, Freeport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,329 (100%) |
| Owner Occupied HU | 9,150 (63.9%) |
| Renter Occupied HU | 4,539 (31.7%) |
| Vacant Housing Units | 640 ( 4.5%) |
| Median Home Value | $545,325 |
| Average Home Value | $576,137 |
Housing Distribution
Address Breakdown
Residential
13,424
Single Family
10,224
Multi-Family
3,200
Businesses
1,347
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