10447 Ditmars BlvdEast ElmhurstNY11369
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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
Rental property for sale in East Elmhurst at 10447 Ditmars Blvd, East Elmhurst, NY, 11369 generates $5,590/mo in rent, after a $6,451/mo payment. Total monthly income is $5,590/mo. Return on cash invested sits at 11.35% in year one, and rental yield is 5.09% on a $1,318,000 entry. Equity gained on principal adds $8,505/yr, while 5% annual appreciation builds toward $364,139 over five years. Five-year ROI reaches 57.48% and total cumulative return in cash sums $245,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,590/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,661 (100%) |
| Owner Occupied HU | 5,344 (42.2%) |
| Renter Occupied HU | 6,442 (50.9%) |
| Vacant Housing Units | 875 ( 6.9%) |
| Median Home Value | $830,833 |
| Average Home Value | $834,560 |
Housing Distribution
Address Breakdown
Residential
7,855
Single Family
5,529
Multi-Family
2,326
Businesses
348
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Listed by: Etan Hakimi • Mitra Hakimi Realty Group, LLC
Mls Name: StreetEasy
Mls ID: #S1794231