750 Hancock PlaceLindenhurstNY11757
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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 Lindenhurst at 750 Hancock Place, Lindenhurst, NY, 11757 priced at $805,000 pairs $6,970/mo rent with $1,594/mo cash flow after a $3,940/mo payment. Total monthly income equals $6,970/mo, and annual cash flow comes to $19,133/yr on $264,845 invested. Return on cash invested is 27.28% in year one, and rental yield stands at 10.39% on a $805,000 basis. Equity gained on principal adds $5,195/yr, and 5% annual appreciation accumulates to $222,407 by year five. Five-year ROI measures 143.01% and total cumulative return in cash reaches $378,749. For financing, Ziffy Mortgage’s DSCR program evaluates $6,970/mo property income against a $3,940/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
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: JoAnn Cilla CBR SRES • JoAnn Cilla Real Estate
Mls Name: OneKey MLS
Mls ID: #901463