102-12 62nd RoadFlushingNY11375
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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
Total monthly income runs $4,162/mo, and a $5,531/mo payment. Purchase price stands at $1,130,000, and rental yield measures 4.42% with $4,162/mo rent. Return on cash invested shows 9.28% in year one, and 5% annual appreciation builds toward $312,198 over five years. Five-year ROI reaches 46.39% and total cumulative return in cash records $169,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,162/mo property income covering a $5,531/mo payment rather than investor’s personal income.
Single Family
Built in 1940
2,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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