107-31 121st StSouth Richmond HillNY11419
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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 South Richmond Hill at 107-31 121st St, South Richmond Hill, NY, 11419 generates $3,961/mo in rent, after a $3,911/mo payment. Total monthly income is $3,961/mo. Return on cash invested sits at 13.78% in year one, and rental yield is 5.95% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 70.62% and total cumulative return in cash sums $185,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,961/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,000 sqft 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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