10619 50th Ave APT 2CoronaNY11368
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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 10619 50th Ave APT 2, Corona, NY, 11368 earns $582/mo cash flow from $3,307/mo rent with a $1,997/mo payment. Total monthly income totals $3,307/mo, and annual cash flow totals $6,989/yr on $135,252 capital. ROI tracks 25.08% on current figures, and rental yield reads 9.73% at a $408,000 purchase. Equity gained on principal adds $2,633/yr, and 5% annual appreciation supports $112,723 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash sums $177,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,307/mo property income instead of your personal income.
Condo
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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