102-36 1st StHoward BeachNY11414
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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 Howard Beach at 102-36 1st St, Howard Beach, NY, 11414 earns from $4,537/mo rent with a $5,873/mo payment. Total monthly income totals $4,537/mo. ROI tracks 9.64% on current figures, and rental yield reads 4.54% at a $1,199,999 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 48.33% and total cumulative return in cash sums $187,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,537/mo property income instead of your personal income.
Multi Family
Built in N/A
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11414, Howard Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 7,623 (67.2%) |
| Renter Occupied HU | 3,107 (27.4%) |
| Vacant Housing Units | 619 ( 5.5%) |
| Median Home Value | $724,113 |
| Average Home Value | $718,758 |
Housing Distribution
Address Breakdown
Residential
9,976
Single Family
6,401
Multi-Family
3,575
Businesses
466
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Listed by: ZaiYou (Joe) Zhu • RE/MAX Edge
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490955
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.