603 Narragansett Villas Drive #603LindenhurstNY11757
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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
Investment property for sale in Lindenhurst at 603 Narragansett Villas Drive #603, Lindenhurst, NY, 11757 listed at $599,990 pairs $4,112/mo rent with a $2,937/mo payment to leave $105/mo cash flow. Total monthly income runs $4,112/mo, and annual cash flow reaches $1,260/yr on $197,397 cash to close. Return on cash invested measures 20.7% in year one, and rental yield registers 8.22% at a $599,990 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,766 by year five. Five-year ROI tracks 107.71% and total cumulative return in cash totals $212,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,112/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
1,270 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: Joann Adamo • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #837234
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