133 Beach 116th St UNIT 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 116th St UNIT 4L, Rockaway Park, NY, 11694 offers a 10.17% rental yield on a $537,499 purchase with $4,556/mo rent. Total monthly income registers $4,556/mo, and a $2,631/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,494/yr on $176,837 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $3,468/yr while 5% annual appreciation supports $148,501 over five years. Portfolio math shows five-year ROI at 127.84% and total cumulative return in cash at $226,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,556/mo property income against a $2,631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
$342 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 • Revived Residential
Mls Name: BNYMLS
Mls Provider:
Mls ID: #480738
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.