108-06 107th AvenueSouth 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 108-06 107th Avenue, South Richmond Hill, NY, 11419 uses $246,713 cash to close to unlock $17,648/yr annual cash flow and $1,471/mo monthly cash flow. Total monthly income runs $6,478/mo, and a $3,670/mo payment keeps the spread at $1,471/mo. Purchase price stands at $749,888, and rental yield measures 10.37% with $6,478/mo rent. Return on cash invested shows 27.21% in year one, and 5% annual appreciation builds toward $207,180 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash records $351,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,478/mo property income covering a $3,670/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1,900 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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Listed by: Waheeda Bacchus • Triangle Realty of NY Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3538912
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