413 37th StreetLindenhurstNY11757
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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 413 37th Street, Lindenhurst, NY, 11757 generates $960/mo in rent, after a $2,692/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 2.07% in year one, and rental yield is 2.09% on a $549,990 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,952 over five years. Five-year ROI reaches 7.81% and total cumulative return in cash sums $14,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
6,300 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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Listed by: Robert M. Meade CBR • Century 21 AA Realty
Mls Name: OneKey MLS
Mls ID: #948340