10230 66th Rd APT 25BForest HillsNY11375
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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 Forest Hills at 10230 66th Rd APT 25B, Forest Hills, NY, 11375 listed at $499,800 pairs $3,599/mo rent with a $2,446/mo payment. Total monthly income runs $3,599/mo. Return on cash invested measures 12.71% in year one, and rental yield registers 8.64% at a $499,800 basis. Equity gained on principal adds $3,225/yr, and annual property appreciation at 5% supports $138,086 by year five. Five-year ROI tracks 68.19% and total cumulative return in cash totals $112,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,599/mo property income relative to a $2,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,255 monthly 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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Listed by: Michal Marek • Sold By Bart Real Estate Partners inc
Mls Name: StreetEasy
Mls ID: #S1767090