118-23 201stSaint AlbansNY11412
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
Rental property for sale in Saint Albans at 118-23 201st, Saint Albans, NY, 11412 generates $5,995/mo in rent and, after a $2,589/mo payment, leaves $2,463/mo in cash flow. Total monthly income is $5,995/mo, and annual cash flow is $29,551/yr on $174,041 invested. Return on cash invested sits at 37.04% in year one, and rental yield is 13.6% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 195.32% and total cumulative return in cash sums $339,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,995/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
2,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
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Listed by: Brian P Athan • Keller Williams Points North
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3572913
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