493 S 4th StreetLindenhurstNY11757
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
Investment Highlights
Rental property for sale in Lindenhurst at 493 S 4th Street, Lindenhurst, NY, 11757 generates $6,911/mo in rent and, after a $2,937/mo payment, leaves $2,904/mo in cash flow. Total monthly income is $6,911/mo, and annual cash flow is $34,848/yr on $197,400 invested. Return on cash invested sits at 37.71% in year one, and rental yield is 13.82% on a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 198.92% and total cumulative return in cash sums $392,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,911/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
10,000 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: Laura A Scott Cawley • Montauk Dunes LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3566748
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