60 bedell StreetFreeportNY11520
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 Freeport at 60 bedell Street, Freeport, NY, 11520 generates $2,403/mo in rent and, after a $1,713/mo payment, leaves $66/mo in cash flow. Total monthly income is $2,403/mo, and annual cash flow is $790/yr on $116,025 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 8.24% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash sums $124,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,403/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
5,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices