128-23 233rd StRosedaleNY11422
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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 Rosedale at 128-23 233rd St, Rosedale, NY, 11422 generates $5,213/mo in rent, after a $3,911/mo payment. Total monthly income is $5,213/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.83% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 101.27% and total cumulative return in cash sums $266,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,213/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11422, Rosedale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,457 (100%) |
| Owner Occupied HU | 6,214 (59.4%) |
| Renter Occupied HU | 3,646 (34.9%) |
| Vacant Housing Units | 597 ( 5.7%) |
| Median Home Value | $642,266 |
| Average Home Value | $666,686 |
Housing Distribution
Address Breakdown
Residential
7,646
Single Family
7,624
Multi-Family
22
Businesses
411
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