1 Childs Avenue #1EFloral ParkNY11001
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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 Floral Park at 1 Childs Avenue #1E, Floral Park, NY, 11001 with 5% annual appreciation on a $325,000 basis while $2,984/mo rent supports operations. Total monthly income totals $2,984/mo and a $1,591/mo payment preserves $813/mo for cash returns. Annual cash flow comes to $9,761/yr on $107,738 deployed, and return on cash invested reaches 28.97% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 11.02%. Five-year ROI measures 152.08% and total cumulative return in cash totals $163,849.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,984/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1966
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11001, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 7,391 (73.2%) |
| Renter Occupied HU | 2,292 (22.7%) |
| Vacant Housing Units | 410 ( 4.1%) |
| Median Home Value | $777,870 |
| Average Home Value | $801,033 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,975
Multi-Family
604
Businesses
639
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Listed by: Lisa A. Koenig SRES CBR • Century 21 Sewanhaka Realty
Mls Name: OneKey MLS
Mls ID: #914718