102-22 85th Ave #1Richmond HillNY11418
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
Investment property for sale in Richmond Hill at 102-22 85th Ave #1, Richmond Hill, NY, 11418 listed at $789,000 pairs $4,823/mo rent with a $3,862/mo payment. Total monthly income runs $4,823/mo. Return on cash invested measures 18% in year one, and rental yield registers 7.34% at a $789,000 basis. Equity gained on principal adds $5,091/yr, and annual property appreciation at 5% supports $217,986 by year five. Five-year ROI tracks 93.2% and total cumulative return in cash totals $241,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,823/mo property income relative to a $3,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11418, Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,667 (100%) |
| Owner Occupied HU | 4,364 (34.5%) |
| Renter Occupied HU | 7,498 (59.2%) |
| Vacant Housing Units | 805 ( 6.4%) |
| Median Home Value | $798,961 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
5,040
Multi-Family
3,663
Businesses
977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: S S • Massada Home Sales Inc
Mls Name: StreetEasy
Mls ID: #S1798963