131-81 Francis Lewis Blvd #ASpringfield GardensNY11413
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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 Springfield Gardens at 131-81 Francis Lewis Blvd #A, Springfield Gardens, NY, 11413 at $789,000 posts ROI 24.56% with $973/mo cash flow from $6,242/mo rent. Total monthly income equals $6,242/mo, and annual cash flow records $11,675/yr on $259,581 to close. Return on cash invested measures 24.56% and rental yield reads 9.49% at the current $789,000. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 by year five. Five-year ROI prints 128.38% and total cumulative return in cash totals $333,250.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,242/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11413, Springfield Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,696 (100%) |
| Owner Occupied HU | 8,693 (63.5%) |
| Renter Occupied HU | 4,343 (31.7%) |
| Vacant Housing Units | 660 ( 4.8%) |
| Median Home Value | $658,579 |
| Average Home Value | $700,669 |
Housing Distribution
Address Breakdown
Residential
10,635
Single Family
10,491
Multi-Family
144
Businesses
695
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Listed by: Stav Sofi • Top Homes Realty LLC
Mls Name: StreetEasy
Mls ID: #S1645728