104-73 126th StSouth Richmond HillNY11419
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 South Richmond Hill at 104-73 126th St, South Richmond Hill, NY, 11419 uses $213,521 cash to close to unlock $5,815/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $4,819/mo, and a $3,177/mo payment keeps the spread at $485/mo. Purchase price stands at $649,000, and rental yield measures 8.91% with $4,819/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 118.88% and total cumulative return in cash records $253,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,819/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11419, South Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,138 (43.5%) |
| Renter Occupied HU | 7,321 (51.8%) |
| Vacant Housing Units | 663 ( 4.7%) |
| Median Home Value | $716,866 |
| Average Home Value | $773,065 |
Housing Distribution
Address Breakdown
Residential
8,718
Single Family
7,819
Multi-Family
899
Businesses
963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Pagan - Licensed Real Estate Broker • SMG Realty Services LLC
Mls Name: StreetEasy
Mls ID: #1699136