104-20 68th Dr APT B22Forest 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 104-20 68th Dr APT B22, Forest Hills, NY, 11375 earns $470/mo cash flow from $5,605/mo rent with a $3,764/mo payment. Total monthly income totals $5,605/mo, and annual cash flow totals $5,635/yr on $253,001 capital. ROI tracks 22.29% on current figures, and rental yield reads 8.75% at a $769,000 purchase. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 over five years. Five-year ROI reaches 116.21% and total cumulative return in cash sums $294,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,605/mo property income instead of your personal income.
Condo
Built in 1956
N/A 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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Listed by: Roman Khodosh • RK Capital Group LLC
Mls Name: StreetEasy
Mls ID: #S1802555