123-35 82nd Rd #20Kew GardensNY11415
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
Investment property for sale in Kew Gardens at 123-35 82nd Rd #20, Kew Gardens, NY, 11415 earns $122/mo cash flow from $2,640/mo rent with a $1,074/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $1,459/yr on $72,764 capital. ROI tracks 21.91% on current figures, and rental yield reads 14.43% at a $219,500 purchase. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 over five years. Five-year ROI reaches 120.53% and total cumulative return in cash sums $87,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Condo
Built in 1948
N/A lot
$N/A/sqft
$1,053 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11415, Kew Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 3,310 (35.8%) |
| Renter Occupied HU | 5,339 (57.8%) |
| Vacant Housing Units | 587 ( 6.4%) |
| Median Home Value | $544,118 |
| Average Home Value | $745,670 |
Housing Distribution
Address Breakdown
Residential
8,758
Single Family
1,315
Multi-Family
7,443
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yael Goldman - Licensed Associate Real Estate Broker • Brown Harris Stevens Forest Hills LLC
Mls Name: StreetEasy
Mls ID: #1727216