12 PARK AvenueNew Hyde ParkNY11040
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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 New Hyde Park at 12 PARK Avenue, New Hyde Park, NY, 11040 priced at $889,000 converts $6,720/mo rent into $784/mo cash flow after a $4,351/mo obligation. Total monthly income equals $6,720/mo, and annual cash flow totals $9,403/yr on $292,481 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 9.07% against a $889,000 entry. Equity gained on principal adds $5,737/yr, while 5% annual appreciation compiles into $245,614 by year five. Five-year ROI reaches 121.51% and total cumulative return in cash sums $355,382. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,720/mo property income covering a $4,351/mo payment, not borrower’s personal income.
Single Family
Built in 1951
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
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Listed by: Amanda Laniado • Sell Right Group LLC
Mls Name: OneKey MLS
Mls ID: #953642