112-25 34 Avenue #HCoronaNY11368
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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 112-25 34 Avenue #H, Corona, NY, 11368 uses $69,615 cash to close to unlock $30/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $1,028/mo payment keeps the spread at $3/mo. Purchase price stands at $210,000, and rental yield measures 8.03% with $1,405/mo rent. Return on cash invested shows 19.95% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 103.74% and total cumulative return in cash records $72,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1953
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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