13433 231st StreetSpringfield 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 13433 231st Street, Springfield Gardens, NY, 11413 earns $769/mo cash flow from $4,440/mo rent with a $2,691/mo payment. Total monthly income totals $4,440/mo, and annual cash flow totals $9,223/yr on $180,877 capital. ROI tracks 25.16% on current figures, and rental yield reads 9.69% at a $549,777 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,893 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash sums $238,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,440/mo property income instead of your personal income.
Single Family
Built in 1930
3,200 sqft 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: Vincent Thompson • Keller Williams Landmark II
Mls Name: OneKey MLS
Mls ID: #948476