110-07 73rd Rd APT 5A, Forest Hills, NY, 11375 | 8.61% Rental Yield

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110-07 73rd Rd APT 5A, Forest Hills, NY, 11375 | 8.61% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Forest Hills at 110-07 73rd Rd APT 5A, Forest Hills, NY, 11375 offers a 8.61% rental yield on a $445,000 purchase with $3,193/mo rent. 77% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 78.46% and total cumulative return in cash at $115,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,193/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1933

N/A lot

$N/A/sqft

$853 monthly HOA

More details about the property

Enter the Wakefield and You will see and feel the difference. Our co op has special unique features and is maintained impeccably. This gorgeous 1 BR, Apartment 5A, is in MINT condition and has been meticulously renovated and maintained. Enter and see the wall of spacious custom closets. See the side buffet and dining area leading to a huge NEW kitchen with top rated appliances and a giant NEW window facing our magical garden. Original French doors take us to the gigantic living room with direct southern light. New bathroom with window, huge bedroom, spacious custom closets and fabulous light. Original hardwood restored flooring throughout, 9 ft hi ceilings, archways, art deco style off foyer layout. Magnificent lobby. Spotless basement, laundry room, library, bike room. Storage facilities. Bulk package with spectrum for highest speed internet and every channel Part time doorman Package system Butterfly entrance system set up on phones Brand new windows Two lovely gardens Steps to Austin St and Ascan Ave for top shopping and restaurants Steps to Forest Hills Gardens and express subways and new entry ramp to LIRR!! Magnificent walkable neighborhood near all highways and two airports I live in the building Call me to set up appointment

Neighborhood Data

Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,178 (100%)
Owner Occupied HU	16,568 (47.1%)
Renter Occupied HU	16,416 (46.7%)
Vacant Housing Units	2,194 ( 6.2%)
Median Home Value	$816,287
Average Home Value	$887,843