102-06 43rd Ave #3CoronaNY11368
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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 Corona at 102-06 43rd Ave #3, Corona, NY, 11368 generates $5,113/mo in rent, after a $7,910/mo payment. Total monthly income is $5,113/mo. Return on cash invested sits at 7.35% in year one, and rental yield is 3.8% on a $1,616,000 entry. Equity gained on principal adds $10,428/yr, while 5% annual appreciation builds toward $446,471 over five years. Five-year ROI reaches 36.08% and total cumulative return in cash sums $188,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,113/mo property income rather than buyer’s personal income.
Multi Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
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