11732 124th StSouth Ozone ParkNY11420
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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 Ozone Park at 11732 124th St, South Ozone Park, NY, 11420 generates $3,328/mo in rent, after a $3,372/mo payment. Total monthly income is $3,328/mo. Return on cash invested sits at 13.32% in year one, and rental yield is 5.8% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 68.14% and total cumulative return in cash sums $154,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,328/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11420, South Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,510 (100%) |
| Owner Occupied HU | 8,160 (56.2%) |
| Renter Occupied HU | 5,618 (38.7%) |
| Vacant Housing Units | 732 ( 5.0%) |
| Median Home Value | $716,826 |
| Average Home Value | $763,851 |
Housing Distribution
Address Breakdown
Residential
10,093
Single Family
9,776
Multi-Family
317
Businesses
598
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Listed by: David Watson • RENT TO NYC LLC
Mls Name: NY State MLS
Mls ID: #11601163