134-16 232nd StSpringfield 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
Total monthly income runs $3,713/mo, and a $4,111/mo payment. Purchase price stands at $839,900, and rental yield measures 5.3% with $3,713/mo rent. Return on cash invested shows 11.83% in year one, and 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 60.13% and total cumulative return in cash records $166,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,713/mo property income covering a $4,111/mo payment rather than investor’s personal income.
Single Family
Built in 1930
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: Karin Lanciano • LANCIANO PIZANTE
Mls Name: StreetEasy
Mls ID: #S1803121