58 Remsen StLynbrookNY11563
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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 Lynbrook at 58 Remsen St, Lynbrook, NY, 11563 offers $0/mo rent that, after a $3,393/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.3% in year one, and rental yield stands at 0% at a $693,200 entry. Equity gained on principal adds $4,473/yr while 5% annual appreciation compounds into $191,518 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11563, Lynbrook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,934 (100%) |
| Owner Occupied HU | 6,214 (69.6%) |
| Renter Occupied HU | 2,322 (26.0%) |
| Vacant Housing Units | 398 ( 4.5%) |
| Median Home Value | $648,245 |
| Average Home Value | $701,546 |
Housing Distribution
Address Breakdown
Residential
7,966
Single Family
6,523
Multi-Family
1,443
Businesses
1,015
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices