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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forest Hills at 117-19 Union Tpke, Forest Hills, NY, 11375 offers a 4.91% rental yield on a $1,548,000 purchase with $6,334/mo rent. 79% in year one. Equity gained on principal adds $9,989/yr while 5% annual appreciation supports $427,684 over five years. Portfolio math shows five-year ROI at 54.51% and total cumulative return in cash at $273,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,334/mo property income against a $7,577/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
| 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 |
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gigi Malek • Daniel Gale Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1776464
