7 Marlowe PlaceGreenlawnNY11740
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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 Greenlawn at 7 Marlowe Place, Greenlawn, NY, 11740 generates $5,400/mo in rent and, after a $3,911/mo payment, leaves $64/mo in cash flow. Total monthly income is $5,400/mo, and annual cash flow is $769/yr on $262,871 invested. Return on cash invested sits at 20.35% in year one, and rental yield is 8.11% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 105.85% and total cumulative return in cash sums $278,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11740, Greenlawn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,498 (100%) |
| Owner Occupied HU | 2,675 (76.5%) |
| Renter Occupied HU | 719 (20.6%) |
| Vacant Housing Units | 104 ( 3.0%) |
| Median Home Value | $711,197 |
| Average Home Value | $785,099 |
Housing Distribution
Address Breakdown
Residential
3,336
Single Family
3,336
Multi-Family
0
Businesses
308
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