451 Atlantic Avenue, Freeport, NY, 11520 | 6.21% Rental Yield

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451 Atlantic Avenue, Freeport, NY, 11520 | 6.21% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Freeport at 451 Atlantic Avenue, Freeport, NY, 11520 offers $3,360/mo rent that, after a $3,177/mo payment. Total monthly income is $3,360/mo. Return on cash invested measures 14.58% in year one, and rental yield stands at 6.21% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 74.9% and total cumulative return in cash reaches $159,936. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1903

8,040 sqft lot

$N/A/sqft

No HOA

More details about the property

Introducing this Freeport Stucco Colonial on an oversized 60 x 139 foot property. This homes Main Level features a formal Dining Room, Eat In Kitchen and Fabulous Great Room with Vaulted Ceilings, a Stone Wood Burning Firelace and Skylights and Sliders to a Large deck and expansive private yard.. The second level features 2 bedrooms and a Full Bathroom. The Oversized 60x139 Property is perfect for a landscaper or a contractor with its Massive detatched 2 car Garage and this home also has a full basement. Property taxes are $7,560.48 plus village tax of $2,740.57, Total Taxes are $10,301.05.

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