133 Beach 116 St #4LRockaway ParkNY11694
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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 Rockaway Park at 133 Beach 116 St #4L, Rockaway Park, NY, 11694 uses $176,837 cash to close to unlock $7,506/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $4,556/mo, and a $2,631/mo payment keeps the spread at $625/mo. Purchase price stands at $537,499, and rental yield measures 10.17% with $4,556/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $148,501 over five years. Five-year ROI reaches 127.87% and total cumulative return in cash records $226,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,556/mo property income covering a $2,631/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$341 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11694, Rockaway Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,895 (100%) |
| Owner Occupied HU | 3,917 (44.0%) |
| Renter Occupied HU | 3,961 (44.5%) |
| Vacant Housing Units | 1,017 (11.4%) |
| Median Home Value | $886,014 |
| Average Home Value | $919,362 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
4,451
Multi-Family
3,317
Businesses
381
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Listed by: John Falce - Licensed Real Estate Salesperson • Revived Residential
Mls Name: StreetEasy
Mls ID: #1706009