120-11 14th RdCollege PtNY11356
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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 College Pt at 120-11 14th Rd, College Pt, NY, 11356 offers a 4.94% rental yield on a $1,699,999 purchase with $6,997/mo rent. 88% in year one. Equity gained on principal adds $10,970/yr while 5% annual appreciation supports $469,678 over five years. Portfolio math shows five-year ROI at 54.99% and total cumulative return in cash at $302,863. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,997/mo property income against a $8,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
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Listed by: Zaiyou "Joe" Zhu - Licensed Real Estate Salesperson • Remax Edge
Mls Name: StreetEasy
Mls ID: #1727273