8 South StLawrenceNY11559
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 Lawrence at 8 South St, Lawrence, NY, 11559 priced at $498,100 pairs $5,854/mo rent with $2,528/mo cash flow after a $2,438/mo payment. Total monthly income equals $5,854/mo, and annual cash flow comes to $30,333/yr on $165,120 invested. Return on cash invested is 38.28% in year one, and rental yield stands at 14.1% on a $498,100 basis. Equity gained on principal adds $3,214/yr, and 5% annual appreciation accumulates to $137,616 by year five. Five-year ROI measures 201.99% and total cumulative return in cash reaches $333,527. For financing, Ziffy Mortgage’s DSCR program evaluates $5,854/mo property income against a $2,438/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,477 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11559, Lawrence, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,067 (67.2%) |
| Renter Occupied HU | 706 (22.9%) |
| Vacant Housing Units | 304 ( 9.9%) |
| Median Home Value | $1,297,315 |
| Average Home Value | $1,330,324 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,018
Multi-Family
717
Businesses
501
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