102-04 89th StOzone ParkNY11416
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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 Ozone Park at 102-04 89th St, Ozone Park, NY, 11416 generates $5,574/mo in rent, after a $6,363/mo payment. Total monthly income is $5,574/mo. Return on cash invested sits at 11.52% in year one, and rental yield is 5.15% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 58.4% and total cumulative return in cash sums $245,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,574/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11416, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,539 (100%) |
| Owner Occupied HU | 3,066 (35.9%) |
| Renter Occupied HU | 4,964 (58.1%) |
| Vacant Housing Units | 509 ( 6.0%) |
| Median Home Value | $764,242 |
| Average Home Value | $831,089 |
Housing Distribution
Address Breakdown
Residential
4,750
Single Family
4,017
Multi-Family
733
Businesses
546
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Listed by: Ghislaine Pierre-Zakrzewski • RE MAX Team
Mls Name: StreetEasy
Mls ID: #S1780949