105-07 Otis Ave #2-ACoronaNY11368
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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 Corona at 105-07 Otis Ave #2-A, Corona, NY, 11368 earns $651/mo cash flow from $2,498/mo rent with a $1,354/mo payment. Total monthly income totals $2,498/mo, and annual cash flow totals $7,807/yr on $91,726 capital. ROI tracks 28.42% on current figures, and rental yield reads 10.83% at a $276,700 purchase. Equity gained on principal adds $1,786/yr, and 5% annual appreciation supports $76,447 over five years. Five-year ROI reaches 149.14% and total cumulative return in cash sums $136,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,498/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
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