140-10 84 Drive #2BQueensNY11435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Queens at 140-10 84 Drive #2B, Queens, NY, 11435 listed at $298,880 pairs $1,998/mo rent with a $1,463/mo payment to leave $2/mo cash flow. Total monthly income runs $1,998/mo, and annual cash flow reaches $24/yr on $99,079 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 8.02% at a $298,880 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,575 by year five. Five-year ROI tracks 103.6% and total cumulative return in cash totals $102,644. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,998/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11435, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,638 (100%) |
| Owner Occupied HU | 6,697 (31.0%) |
| Renter Occupied HU | 13,332 (61.6%) |
| Vacant Housing Units | 1,609 ( 7.4%) |
| Median Home Value | $634,231 |
| Average Home Value | $680,680 |
Housing Distribution
Address Breakdown
Residential
17,432
Single Family
6,269
Multi-Family
11,163
Businesses
1,155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices